Mathematics, 31.03.2021 01:00 dsaefong00
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.
Answers: 1
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6) Find the accumulated value of an investment of $10,000 at 4% compounded semiannually for 5
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