Compounded semi-annually for first four years

Reference no: EM139408

Q. Compute the given investments accrued to (i.e., the future value (FV) of each)?

a) $6,000 invested for 10 years at 10% compounded annually.

b) $8,000 invested for 5 years at 5% compounded annually.

c) $500 invested for 7 years at 8% compounded quarterly.

d) $10,000 invested for total 6 years at 6% compounded semi-annually for first four years followed by 12%compounded quarterly for final 2 years.

Reference no: EM139408

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