What is the future value if $9000 is invested for 9 years at 10% compounded semiannually? (Round your answer to the nearest cent.) $___________

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CR: Chapter Review
Problem 52E: Investment problem If Landon invests 3000 in a 6-year certificate of deposit at the annual rate of...
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What is the future value if $9000 is invested for 9 years at 10% compounded semiannually? (Round your answer to the nearest cent.)

$___________

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