What is the FV of $2,500 invested for three years at an interest rate of 3% per

Question:

What is the FV of $2,500 invested for three years at an interest rate of 3% per annum compounded semi-annually?

a. $5,783

b. $4,429

c. $4,419

d. $2,734

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: