6) Find the accumulated value of an investment of $10,000 at 4% compounded semiannually for 5years.A) $12,166.53B) $12,189.94C) $12,000.00D)

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.

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This Post Has 7 Comments

  1. 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 : )

  2. 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

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