Question: Question 12 View Policies Current Attempt in Progress Kenneth Spear invested $19,000 today in a fund that earns 12% compounded annually. Click here to view

 Question 12 View Policies Current Attempt in Progress Kenneth Spear invested

Question 12 View Policies Current Attempt in Progress Kenneth Spear invested $19,000 today in a fund that earns 12% compounded annually. Click here to view factor tables To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years if the fund earns 12% annual interest compounded semiannually? (Round factor values to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg. 458,581.) Investment at 12% annual interest Investment at 12% annual interest, compounded semiannually $

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