Question: Find the future value and compound interest on $4,000 at 4% compounded semiannualy for two years. Use the Future Value or Compound Amount of $1.00
Find the future value and compound interest on $4,000 at 4% compounded semiannualy for two years. Use the Future Value or Compound Amount of $1.00 Table or the future value and compound interest formula. Future Value or Compound Amount of \$1.00. Future value = 31 (Round to the nearest cent as needed.) Data table
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