Asked by Betty
Find the future value, using the future value formula and a calculator. (Give your answer to the nearest cent.)
$42.31 at 4.5% compounded semiannually for 4 years.
$42.31 at 4.5% compounded semiannually for 4 years.
Answers
Answered by
drwls
$42.31*(1.0225)^8 = $50.55
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