Business Math

posted by .

7. By using the table in the handbook, the present value of $12,000 for six years compounded at 6 percent semiannually is:

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Finances and Math

    Can someone please help me solve these problems or help me find an easy formula?
  2. Accounting

    How do I calculate the future value of the following?
  3. Business math

    Sam Monte deposits $21,500 into Legal Bank which pays 6 percent interest that is compounded semiannually. By using the table in the handbook, what will Sam have in his account at the end of 6 years?
  4. math

    By using the table in the handbook, the present value of $12,000 for six years compounded at 6 percent semiannually is: (Points : 2)
  5. math

    By using the table in the handbook, the present value of $12,000 for six years compounded at 6 percent semiannually is: (Points :
  6. business

    29. Ray Long wants to retire in Arizona when he is 75 years of age. Ray, who is now 60, believes he will nee $200,000 to retire comfortably. To date, he has set aside no retirement money. If he gets an interest of 12 percent compounded …
  7. Business Math

    2. The interest on $6,000 at 6 percent compounded semiannually for 8 years is: (Use table in the handbook) (Points : 1)
  8. business math-73

    Use the Present Value Table on page 358 of your text to compute the present value (principal) for an investment with a compound amount of $20,000, a 30-month term of investment, and a 14% nominal interest rate compounded semiannually. …
  9. math

    A person will receive Rs.5,000 six years from now. Present value at a compounded discount rate of 8 percent is:
  10. Math

    Wilma saves 12,000 at the end of every six months for 10 years. Assume 10% compounded semiannually and find the present value

More Similar Questions