Landmark Trust offers five-year investment certificates at 3.5% compounded semi-annually. (a) What is the value of a

Question:

Landmark Trust offers five-year investment certificates at 3.5% compounded semi-annually.
(a) What is the value of a $2000 certificate at How much of the value is interest?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...