Question: Find the future value and compound interest on $5000 at 4% compounded semiannually for two years. Use the Future Value or Compound Amount of $1.00
Find the future value and compound interest on
$5000
at
4%
compounded semiannually for two years. Use the Future Value or Compound Amount of $1.00 Table or the future value and compound interest formula.
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Future Value or Compound Amount of $1.00.
Future
valueequals= ???
(Round to the nearest cent as needed.)
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