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A loan of $5000 at 5% is compounded semiannually for two years. Find the future value and compound interest. Use the $1.00 future value table

A loan of $5000 at 5% is compounded semiannually for two years. Find the future value and compound interest. Use the $1.00 future value table or the future value and compound interest formula. Click here to view page 1 of the future value table.LOADING... Click here to view page 2 of the future value table.LOADING...
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Future Value or Compound Amount of $1.00 Future Value or Compound Amount of $1.00 Table shows future value (FV) of $1.00 compounded for N periods at R rate per period. The future value of the loan is $ (Round to the neasest cent as needed). The compound interest is 9 (Round to the nearast cent as noeded) Future Value or Compound Amount of $1.00 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{12}{|c|}{ Rate per period } \\ \hline Periods & 6.00% & 6.50% & 7.00% & 7.50% & 8.00% & 8.50% & 9.00% & 9.50% & 10.00% & 11.00% & 12.00% \\ \hline 1 & 1.06000 & 1.06500 & 1.07000 & 1.07500 & 1.08000 & 1.08500 & 1.09000 & 1.09500 & 1.10000 & 1.11000 & 1.12000 \\ \hline 2 & 1.12360 & 1.13423 & 1.14490 & 1.15563 & 1.16640 & 1.17723 & 1.18810 & 1.19903 & 1.21000 & 1.23210 & 125440 \\ \hline 3 & 1.19102 & 1.20795 & 1.22504 & 1.24230 & 1.25971 & 1.27729 & 1.29503 & 1.31293 & 1.33100 & 1.36763 & 1.40493 \\ \hline 4 & 1.26248 & 128647 & 1.31080 & 1.33547 & 1. 36049 & 1.38586 & 1.41158 & 1.43766 & 1.46410 & 1.51807 & 1.57352 \\ \hline 5 & 133823 & 1.37009 & 1.40255 & 1.43563 & 1.46933 & 1.50366 & 1.53862 & 1.57424 & 1.61051 & 1.68506 & 1.76234 \\ \hline 6 & 1.41852 & 1.45914 & 1.50073 & 1.54330 & 1.58687 & 1.63147 & 1.67710 & 1.72379 & 1.77156 & 1.87041 & 1.97382 \\ \hline 7 & 1.50363 & 1.55399 & 1.60578 & 1.65905 & 1.71382 & 1.77014 & 1.82804 & 1.88755 & 1.94872 & 2.07616 & 221068 \\ \hline 8 & 1.59 & 1.65500 & 1.71819 & 1.78348 & 1.85093 & 1.92060 & 199253 & 2.06687 & 2.14359 & 2.30454 & 2.47596 \\ \hline 9 & 1.68948 & 1.76257 & 1.83846 & 1.91724 & 1.99900 & 2.08386 & 2.17189 & 2.26322 & 2.35795 & 2.55804 & 277308 \\ \hline 10 & 1.79085 & 1.87714 & 1.96715 & 2.06103 & 2.15892 & 98 & 2.36736 & 2.47823 & 2.59374 & 42 & 3.1 \\ \hline 11 & 189830 & 1.99915 & 2.10485 & 2.21561 & 2.33164 & 2.45317 & 2.58043 & 2.71366 & 2.85312 & 3.15176 & 3.47855 \\ \hline 12 & 2.01220 & 2.12910 & 2.25219 & 238178 & 25 & 26 & 2.8 & 29 & 31 & 3.49845 & 3.89598 \\ \hline 13 & 2.13293 & 2.26749 & 2.40985 & 2.56041 & 2.71962 & 2.88793 & 3.06580 & 3.2 & 3.45227 & 328 & 4.36 \\ \hline 14 & 2.26090 & 2.41487 & 2.57853 & 2.75244 & 2.93719 & 31 & 3.34173 & 3.56285 & 3.79750 & 4.31044 & 4.88711 \\ \hline 15 & 2.39656 & 2.57184 & 2.75903 & 2.95888 & 3.17217 & 3.39974 & 3.64248 & 3,90132 & 4.17725 & 4.78459 & 5.47357 \\ \hline 16 & 2.54035 & 273901 & 2.95216 & 3,18079 & 3,42594 & 3.68872 & 3.97031 & 4.27195 & 4.59497 & 5.31089 & 6.13039 \\ \hline 17 & 269277 & 2.91705 & 3.15882 & 3.41935 & 3.70002 & 4.00226 & 4. 32763 & 4.67778 & 5.05447 & 5.89509 & 6.86604 \\ \hline 18 & 2.85434 & 3.10665 & 3.37993 & 3.67580 & 3.99602 & 4.34245 & 4.71712 & 5.12217 & 5.55992 & 6.54355 & 7.68997 \\ \hline 19 & 3.02560 & 3.30859 & 3.61653 & 3.95149 & 4.31570 & 471156 & 5.14166 & 5.60878 & 6.11591 & 7.26334 & 8.61276 \\ \hline 20 & 320714 & 3.52365 & 3.86968 & 4.24785 & 4.66096 & 511205 & 560441 & 6.14161 & 672750 & 8.06231 & 9.64629 \\ \hline \end{tabular} Print Done

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