If $24,000 is invested in a savings account yielding 6% per year, compounded semiannually, how fast is the balance growing after 2 years

Please enter your answer as a number (in $ per year) without the units. Round your answer to two decimal places.

Question

If $24,000 is invested in a savings account yielding 6% per year, compounded semiannually, how fast is the balance growing after 2 years 
 
Please enter your answer as a number (in $ per year) without the units. Round your answer to two decimal places.

Quizplus · Accepted Answer

The Answer of If $24,000 is invested in a savings account yielding 6% per year, compounded semiannually, how fast is the balance growing after 2 years 
 
Please enter your answer as a number (in $ per year) without the units. Round your answer to two decimal places.

If $24,000 Is Invested in a Savings Account Yielding 6