An investment of $1,500 is made for two years at 2% annual interest compounded semiannually. Find the

Question:

An investment of $1,500 is made for two years at 2% annual interest compounded semiannually. Find the compound amount and the at the end of two years?
Compound Interest
Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan. Thought to have originated in 17th century Italy, compound...