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Calculate the future value of a $ 4 , 5 0 0 sum invested for 3 0 years using a 7 % APR, semiannually compounded.

Calculate the future value of a $4,500 sum invested for 30 years using a 7% APR, semiannually compounded.
$35,451
$32,046
$29,389
$26,174
none of these
QUESTION 29
A sum of $4,000 deposited now is worth 12,50010 years from now. Calculate the return on the investment.
10.89%
11.78%
11.64%
12.07%
none of these
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