If $6,000 is invested for six years and seven months at 6% compounded semi-annually, what is the interest that the investment earns?
select one: a. $2,832.45 b. $2,854.72 c. $2,814.78 d. $2,833.96

Option (B) is correct.

Given:

P = $6000

r = 6%

t = 6 years and 7 months = 79 months

∵ It is compounded semi-annually

∴

I = 8854.72 - 6000

I = 2854.72

the camry sales+accord sale=828,000. to make it so the two numbers are 18 thousand apart and still equal 828,000, you first need to find out what half of 828,000 is. 828,000/2=414,000. for the two numbers to equal 828,000, you have to add the same amount as you subtract from the middle. in this case, the number is 9,000 because it's half of 18,000. to equal 828,000, you have to add 9,000 to 414,000 for the camry and subtract 9,000 from 414,000 for the accord. 414,000+9,000=423,000.

414,000-9,000=405,000.

423,000+405,000=828,000.

423,000-405,000=18,

hope it

step-by-step explanation:

what grade level is this? need to know so i can look in my old textbooks!