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    Exam 12: Compound Interest and Present Value
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    The Interest on $6,000 at 6% Compounded Semiannually for Eight
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The Interest on $6,000 at 6% Compounded Semiannually for Eight

Question 95

Question 95

Multiple Choice

The interest on $6,000 at 6% compounded semiannually for eight years is (use table in the handbook) :


A) $3,628.20
B) $3,682.02
C) $362.82
D) $13,628.20
E) None of these

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