ABC Co$.$ has $$1,500,000$ excess cash that it wants to invest. ABC finds an investment that pays $4\%$ interest compounded semi$-$annually. If ABC makes the investment, how much will the company have in ten years?

Finance $3101$ Formulas $-$ Selected

Brooks' Financial Management$)$

CHAPTER $3$

$F{V}_n=P{V}_0(1r{)}^n$

$P{V}_0=F\frac{V_n}{(1r{)}^n}$

Rule of $72$:$n(yrs)=\frac{72}{r}($annual $\%)]$

$|$Rule of annual $\%($yrs$.)]$

CHAPTER $4$

$\{\frac{(1r{)}^n-1}{r}$