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1. What is the annual interest rate required to turn a present value of $6,000 to future value of $10,000 ln 5 years compounded semiannually?
1. What is the annual interest rate required to turn a present value of $6,000 to future value of $10,000 ln 5 years compounded semiannually?
2. Emily expects to receive $ 50,000 from a trust fund in 4 years. What is the current value of this fund it is discounted at 9% compounded quarterly ? Select one : a $ 35,023.29 b. $35,023.29 c.$71,431.03
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