Find the future value of a $10,000 investment at 10 % annual interest compounded semiannually for 4 years.
(a) $ 14,000 (b) $ 12,000 (c) $ 24,774.55 (d) $ 14,774.55 (e) $ 24,477.55
Can someone please help me find the future value? I am stuck on this problem.
2 answers