Find the final amount of money in an account if $4,300 is deposited at 4% interest compounded semi-annually and the money is left for 5 years

Base amount: $4,300.00

Interest Rate: 4% (yearly)

Effective Annual Rate: 4.04%

Calculation period: 5 years

$5,241.68

Step-by-step explanation:

The generic formula used in this compound interest calculator is

V = P(1+r/n)^(nt)

V = the future value of the investment

P = the principal investment amount

r = the annual interest rate

n = the number of times that interest is compounded per year

t = the number of years the money is invested for

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step-by-step explanation:

y = 2x

step-by-step explanation:

if you divide each number in the sequence, you'll see that they all have a multiple factor of 2. each number in the series, and any other numbers which may continue, will be multiplied by 2. therefore, y is the next number in the sequence, and x is the current one, so, our formula will be y = 2x.