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25000 x (1.02)14 = 32976.97. For comparison, compounded annually would give

25000 x (1.04)7 = 32898.29, not a huge difference but worth having!

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Q: Find the accumulated value of an investment of 25000 for 7 years at an interest rate of 4 percent if the money is compounded semiannually?
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Interest is compounded semiannually if the interest is calculated every six months and added to the capital.


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Future value of 600 for invested for 5 years at 8 percent interest compounded semiannually?

The future value of $600 invested for 5 years at an 8% interest rate compounded semiannually can be calculated using the formula FV = P(1 + r/n)^(nt), where FV is the future value, P is the principal amount, r is the interest rate, n is the number of times the interest is compounded per year, and t is the number of years. In this case, P = $600, r = 8% = 0.08, n = 2 (since interest is compounded semiannually), and t = 5. Plugging these values into the formula, we get FV = 600(1 + 0.08/2)^(2*5) = $925.12. Therefore, the future value of the investment after 5 years would be $925.12.


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