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$5,000 is invested at 7p.a compounding semi-annually for the first 2 years and at 14% pa compounding quarterly for the following years. What is the
$5,000 is invested at 7p.a compounding semi-annually for the first 2 years and at 14% pa compounding quarterly for the following years. What is the future value at the end of years? (round to nearest dollar, don't include sign or commas) Answer You are wishing to accumulate $20,000 for an expedition in 3 years' time. To do this, you will make 6 equal deposits (half yearly with the first deposit today. If you earn 4.4% per annum compounding twice yearly, what deposit will be needed? (round to nearest cent don't use $ sign or commas) Select one: a. $3086.74 b. $3154.65 O c $1568.22 d. $6112.79
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