If $16,000 is invested at 8% for 12 years, find the future value if the interest is compounded semiannually .
Please round the answer to the nearest cent.
The future value is $ __________.
Correct Answer:
Verified
Q284: Round the number to the nearest ten.
Q285: Round the number to the nearest hundred.
Q286: Round the number to the nearest ten.
Q287: Round the number to the nearest thousandth.
Q288: If $16,000 is invested at 10% for
Q290: Find the monthly payment for the loan.
Used-car
Q291: Round the number to the nearest hundred.
Q292: Calculate the amount of simple interest earned.
$6,000
Q293: If $3,000 is compounded annually at 6.5%
Q294: Find the value of a $3,000 certificate
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