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    Contemporary Business Mathematics Study Set 1
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    Exam 9: Compound Interest - Future Value and Present Value
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    Find the Principal That Will Grow to $11 019
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Find the Principal That Will Grow to $11 019

Question 82

Question 82

Multiple Choice

Find the principal that will grow to $11 019.45 at 6% compounded semi-annually in 5 years and five months.


A) $8661.65
B) $8000.00
C) $7980.32
D) $1630.33
E) $788.57

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