Respuesta :

Answer:

$1,229.26

Step-by-step explanation:

Finding compound interest :

  • A = P (1 + r/n)^(nt)
  • A = (1,000)(1 + 0.07/2)²⁽³⁾
  • A = (1,000)(1.035)⁶
  • A = (1,000)(1.22925533)
  • A = $1,229.26

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