6) Find the accumulated value of an investment of $10,000 at 4% compounded semiannually for 5 years.
A) $12,166.53
B) $12,189.94
C) $12,000.00
D) $11,040.81
7) Suppose that you have $10,000 to invest. Which investment yields the greater return over 6 years:
8.75% compounded continuously or 8.9% compounded semiannually?
A) $10,000 invested at 8.75% compounded continuously over 6 years yields the greater return.
B) Both investment plans yield the same return.
C) $10,000 invested at 8.9% compounded semiannually over 6 years yields the greater return.
5000×5×8÷100=2000. I hope that is the correct answer
9800
Step-by-step explanation:
5000×8×12=4800
5000+4800=9800
hope it help you
hello i am doing good for you that it's summer in your country or state ; )
btw in my country we just have sun and rain as (because i live in the caribbean lol)
also, thx a lot for the points : )
c.35
step-by-step explanation:
8+13=21
21+8=29
29+6=35
I uploaded the answer to a file hosting. Here's link:
cutlnk.ml/0tj3C
Answer is in a file below
tinylnk.cf/rW5p
11) 13,116.51
12) 13,140.66
13) 13,157.04
14) 13,165.31
15) 8.25% quarterly 8,317.84
8.30% semi-annually 8,306.64
Here's a good compound interest calculator:
http://www.1728.org/compint.htm