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    Business Mathematics Study Set 1
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    Exam 10: Compound Interest and Inflation
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    Use Values from the Compound Interest Table to Find the Compound
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Use Values from the Compound Interest Table to Find the Compound

Question 36

Question 36

Multiple Choice

Use values from the compound interest table to find the compound amount. Round to the nearest cent. Use values from the compound interest table to find the compound amount. Round to the nearest cent.   -$7,670 at 8% compounded semiannually for 12 years A) $19,314.36 B) $12,279.92 C) $19,660.51 D) $15,033.20
-$7,670 at 8% compounded semiannually for 12 years


A) $19,314.36
B) $12,279.92
C) $19,660.51
D) $15,033.20

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