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Mathematics, 12.02.2020 04:10 mp515

Jason manually calculated the present value of $500,000 at 4 percent 20 years from now to be $226,445.21 when interest is compounded semiannually. If Jason used the notation in the formula below to arrive at his answer, what is the numerical value of "t" in his formula? A. 10 B. 20 C. 40 D. 120 E. 200

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Jason manually calculated the present value of $500,000 at 4 percent 20 years from now to be $226,44...
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