kevin makes investment 10000 bank period 5 years bank pays annual

Kevin makes an investment of $ 10,000 in a bank for a period of 5 years.

The bank pays an annual interest rate of 6%.

How much will he receive at the end of the term if interest is compounded half-yearly.

Round off your answer to the nearest dollar.

"Order a similar paper and get 100% plagiarism free, professional written paper now!"

Order Now