If interest is 5% APR compounding semi-annually, what amount(rounded up to the nearest dollar) on...
90.2K
Verified Solution
Link Copied!
Question
Finance
If interest is 5% APR compounding semi-annually, what amount(rounded up to the nearest dollar) on September 27, 1982 would be worth $10,000 today(2021)?
(A)$9,279 (B)$8,609 (C)$2,273 (D)$2,723 (E)$4,768 (F)None of above
plz show steps in detail
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
