Question: Please get this right in one try. Manually calculate the compound interest on an investment of $16,500 at 5.0% interest, compounded semiannually, for 2 years.
Please get this right in one try.
Manually calculate the compound interest on an investment of $16,500 at 5.0% interest, compounded semiannually, for 2 years. (Round value to the nearest cent.)
A. $1,650.00
B. $1,691.25
C. $1,712.91
D. $18,212.87

TABLE 11-1 Compound Interest Table (Future Value of $1 at Compound Interest) Periods 5% 6% 7% 8% Periods 1% 1.00500 1.01003 1.01508 1.02015 1.02525 1% 1.01000 1.02010 1.03030 1.04060 1.05101 1% 1.01500 1.03023 1.04568 1.06136 1.07728 2% 1.02000 1.04040 1.06121 1.08243 1.10408 3% 4% 1.030001.04000 1.060901.08 160 1.09273 1.12486 1.12551 1.16986 1.15927 1.21665 1.05000 1.10250 1.15763 1.21551 1.27628 1.06000 1.12360 1.19102 1.26248 1.33823 1.07000 1.14490 1.22504 1.31080 1.40255 1.08000 1.16640 1.25971 1.36049 1.46933 6 1.03038 1.03553 1.04071 1.04591 1.05114 1.06152 1.07214 1.08286 1.09369 1.10462 1.09344 1.10984 1.12649 1.14339 1.16054 1.12616 1.14869 1.17166 1.19509 1.21899 1.19405 1.26532 1.229871.31593 1.26677 1.36857 1.30477 1.42331 1.34392 1.48024 1.34010 1.40710 1.47746 1.55133 1.62889 1.41852 1.50363 1.59385 1.68948 1.79085 1.50073 1.60578 1.71819 1.83846 1.96715 1.58687 1.71382 1.85093 1.99900 .15892 10 2 11 12 13 14 1.05640 1.06168 1.06699 1.07232 1.07768 1.11567 1.17795 1.12683 1.19562 1.13809 1.21355 1.14947 1.23176 1.160971.25023 1.24337 1.26824 1.29361 1.31948 1.34587 1.38423 1.42576 1.46853 1.51259 1.55797 1.53945 1.60103 1.66507 1.73168 1.80094 1.71034 1.89830 2.10485 2.33164 11 1.79586 2.01220 2.25219 2.51817 1.88565 2.13293 2.40985 2.71962 13 1.97993 2.260902.578532 .9371914 2.078932.39656 2.75903 3.17217 16 17 17 18 19 20 1.08307 1.08849 1.09393 1.09940 1.10490 1.17258 1.18430 1.19615 1.20811 1.22019 1.26899 1.28802 1.30734 1.32695 1.34686 1.372791.60471 1.87298 1.40024 1.65285 1.94790 1.42825 1.702432.02582 1.45681 1.75351 2.10685 1.485951.80611 2.19112 2.18287 2.29202 2.40662 2.52695 2.65330 2.54035 2.69277 2.85434 3.02560 3.20714 2.95216 3.42594 3.15882 3.70002 3.379933.99602 3.61653 4.31570 3.86968 4.66096 18 19 21 1 22 21 22 23 24 25 1.11042 1.11597 1.12155 1.12716 1.13280 1.23239 1.24472 1.25716 1.26973 1.28243 1.36706 .38756 1.40838 1.42950 1.45095 1.51567 1.86029 2.27877 1.54598 1.91610 2.36992 1.576901.97359 2.46472 1.60844 2.03279 2.56330 1.640612.093782.66584 2.78596 2.92526 3.07152 3.22510 3.38635 3.39956 4.14056 5.03383 3.60354 4.43040 5.43654 3.81975 4.740535.87146 4.04893 5.07237 6.34118 4.291875.42743 6.84848 23 24 25 Periods Periods 2 2 9% 10% 1.09000 1.10000 1.18810 1.21000 1.295031.33100 1.41158 1.46410 1.53862 1.61051 11% 1.11000 1.23210 1.36763 1.51807 1.68506 12% 1.12000 1.25440 1.40493 1.57352 1.76234 13% 1.13000 1.27690 1.44290 1.63047 1.84244 14% 1.14000 1.29960 1.48154 1.68896 1.92541 15% 1.15000 1.32250 1.52088 1.74901 2.01136 16% 17% 18% 1.16000 1.17000 1.18000 1.34560 1.36890 1.39240 1.560901.601611.64303 1.81064 1.87389 1.93878 2.10034 2.19245 2.28776 3 5 1.67710 1.82804 1.99256 1.77156 1.94872 2.14359 2.35795 2.59374 1.87041 2.07616 2.30454 2.55804 2.83942 1.97382 2.21068 2.47596 2.77308 3.10585 2.08195 2.35261 2.65844 3.00404 3.39457 2.19497 2.50227 2.85259 3.25195 3.70722 2.31306 2.66002 3.05902 3.51788 4.04556 2.43640 2.82622 3.27841 3.80296 4.41144 2.56516 3.00124 3.51145 4.10840 4.80683 2.69955 3.18547 3.75886 4.43545 5.23384 10 2.36736 10 11 11 2.58043 2.81266 3.06580 3.34173 3.64248 2.85312 3.15176 3.13843 3.49845 3.452273.88328 3.79750 4.31044 4.17725 4.78459 3.47855 3.83586 3.89598 4.33452 4.363494.89801 4.88711 5.53475 5.47357 6.25427 4.22623 4.81790 5.49241 6.26135 7.13794 4.65239 5.11726 5.62399 5.35025 5.936036.58007 6.152796.885797.69868 7.07571 7.98752 9.00745 8.13706 9.26552 10.53872 6.17593 7.28759 8.59936 10.14724 11.97375 -roman ornag =9132 954 98 ans 12 13 17 3.970314.59497 4.32763 5.05447 4.71712 5.55992 5.14166 6.11591 5.60441 6.72750 5.31089 5.89509 6.54355 7.26334 8.06231 6.130397.06733 6.86604 7.98608 7.68997 9.02427 8.61276 10.19742 9.64629 11.52309 8.13725 9.35762 9.27646 10.76126 10.57517 12.37545 12.05569 14.23177 13.7434916.36654 10.74800 12.46768 14.46251 16.77652 19.46076 12.33030 14.42646 16.87895 19.74838 23.10560 14.12902 16.67225 19.67325 23.21444 27.39303 22 23 6.108817.40025 6.65860 8.14027 7.25787 8.95430 7.91108 9.84973 8.62308 10.83471 8.94917 9.93357 11.02627 12.23916 13.58546 10.80385 12.10031 13.55235 15.17863 17.00006 13.0210915.66758 18.82152 14.71383 17.86104 21.64475 16.62663 20.36158 24.89146 18.7880923.2122128.62518 21.23054 26.46192 32.91895 22.57448 26.18640 30.37622 35.23642 40.87424 27.03355 32.32378 31.62925 38.14206 37.00623 45.00763 43.29729 53.10901 50.6578362.66863 21 22 2 3 24 25 25
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