menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Mathematics
  4. Exam
    Exam 8: Compound Interest: Future Value and Present Value
  5. Question
    How Much Will $10,000 Be Worth After 25 Years If
Solved

How Much Will $10,000 Be Worth After 25 Years If

Question 129

Question 129

Short Answer

How much will $10,000 be worth after 25 years if it earns:
a. 6% compounded semiannually?
b. 7% compounded semiannually?
c. 8% compounded semiannually?

Correct Answer:

verifed

Verified

a) $43,839...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q124: Western Life's "Move-Up" compound-interest GIC earns 4.125%,

Q125: Determine the periodic interest rate for a

Q126: Calculate the periodic rate of interest if

Q127: What payment 2¼ years from now would

Q128: What is the periodic rate of interest

Q130: Calculate the missing value: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9643/.jpg" alt="Calculate

Q131: Calculate the combined equivalent value of the

Q132: For a given term of compound-interest GIC,

Q133: Carla has decided to purchase a $30,000

Q134: A 30-year, $1,000 strip bond was issued

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines