Question
Chris Spear invested $14,000 today in a fund that earns 8% compounded annually.To what amount will the investment grow in 2 years? To what amount
Chris Spear invested $14,000 today in a fund that earns 8% compounded annually.To what amount will the investment grow in 2 years? To what amount would the investment grow in 2 years if the fund earns 8% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) Investment at 8% annual interest $enter a dollar amount rounded to 0 decimal places Investment at 8% annual interest, compounded semiannually
1.
Investment at 8% annual interest
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2. Investment at 8% annual interest, compounded semiannually
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