What is the future value of $1,720 in 14 years assuming an interest rate of 7.25 percent compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) Future value

The future value of $1,720 in 14 years assuming an interest rate of 7.25 percent compounded semiannually is $4,661.61

Step-by-step explanation:

The compound interest formula is given by:

Where A is the amount of money, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit t and t is the time the money is invested or borrowed for.

In this problem, we have that

Semianually is twice a year, so .

Also,

So

The future value of $1,720 in 14 years assuming an interest rate of 7.25 percent compounded semiannually is $4,661.61

c

step-by-step explanation:

proofs involving isosceles triangles often require special consideration because an isosceles triangle has several distinct properties that do not apply to normal triangles.(more about triangle types) therefore, when you are trying to prove that two triangles are congruent, and one or both triangles, are isosceles you have a few theorems that you can use to make your life easier.

step-by-step explanation:

an isosceles triangle has two congruent sides and two congruent angles. the congruent angles are called the base angles and the other angle is known as the vertex angle. ∠bac and ∠bca are the base angles of the triangle picture on the left. the vertex angle is ∠abc