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An investor invests $ 5,000 at an interest rate of 8 % compounded bi-annually. What is the future value of the investment after 6 years?

An investor invests $ 5,000 at an interest rate of 8 % compounded bi-annually. What is the future value of the investment after 6 years? Note: Round your answer to two decimal places.

An investor invests $$ 7,000 at an interest rate of 6 % compounded annually.

What is the future value of the investment after 5 years?

Note: Round your answer to two decimal places.

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