What is the future value of $600 in 25 years assuming an interest rate of 13...

What is the future value of $600 in 25 years assuming an interest rate of 13 percent compounded semiannually?

Expert Solution

What is the future value of

=600*(1+(13%/2))^(25*2)

=13984.01, this is the answer

jeff jeffy answered 2 years ago

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What is the future value of $600 in 25 years assuming an interest rate of 13...

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