Old MathJax webview

= Homework: Chapte... C Question 8, BE7-8 (book... Part 1 of 2 >> HW Score: 10%, 2 of 20 points O Points: 0 of 1 Save Blake Shelton decides to invest $50,000 in a fund that will eam 8% annual interest, compounded semiannually. How much will his investment be worth in three years? Draw a timeline to illustrate the problem. (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Ordinary Annuity table ) (Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Present Value of an Annuity Due cable) What is the future value of your investment? (Use the present value and future value tables a financial calculator, a spreadsheet or the formula method for calculations. If using present and future tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round your final answer to the nearest cent, $X.XX.) The future value of your investment is $ This