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John invested 17,500 that earns 5.2% compounded semiannually for 10 years. What is the future value of the investment after ten years

John invested 17,500 that earns 5.2% compounded semiannually for 10 years. What is the future value of the investment after ten years
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John invested 17,500 that earns 5.2% compounded semiannually for 10 years. What is the future value of the investment after ten years

User SoroushA
by
8.5k points

1 Answer

1 vote

Answer:

9100

Explanation:

17500 × 0.052 = 910

910 × 10 = 9100

Sorry if its not right

User Mudit Gulgulia
by
8.7k points
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