Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Join our platform to connect with experts ready to provide precise answers to your questions in different areas. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

1. Find the compound interest and maturity value if P = P43,000, with a rate of 5% is compounded semi-annually for 6 years.​

Sagot :

The Answer is that the present value of $100 is $100. Because this $100 dollar is deposited today so the time is equal to zero and when time is zero the value of amount is the value of amount itself.

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.