What is the present value of $15,000 compounded semi-annually at 8 percent for two years? O$12,802.36. O$12,860.08. O$12,931.03. O $12,822.06.
What is the present value of $15,000 compounded semi-annually at 8 percent for two years? O$12,802.36. O$12,860.08. O$12,931.03. O $12,822.06.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
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Subject :- Accounting
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