If $10,000 is invested at an interest rate of 4% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)
Use the formula A = P*(1 + r/2)^(2n), P= 10000 is the principal, r = 4% is the yearly rate, n is the number of years
Content will be erased after question is completed.
Enter the email address associated with your account, and we will email you a link to reset your password.
Forgot your password?