Find the future value of an investment of β\$10 ,500 if it is invested for six years and compounded semiannually at an annual rate of 3β%. Use theβ \$1.00 future value table or the future value and compound interest formula.

1. i = .03/2 = .015
n = 6(2) = 12

amount = 10500(1.015)^12
= ...

posted by Reiny
2. 12 553.9908

posted by ma.angela

First Name

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