Answers

2015-01-09T19:07:31+05:30
As per Question we have P = 32500
                                        r = 8%
                                       n = 4
The interest are compounded semiannually.
   then we have S= P(1+r/2*100) ^2n
                         = 32000(1 + 8/2*100)^8

                         = 32000(1.04)^8
                         = 43794.21
She will have  $ 43794.21

0