Question
If $1299 is invested at 3.97% for 4 years, find the future value if the interest is compounded semi-annually. Round to the nearest whole number.
If $1299 is invested at 3.97% for 4 years, find the future value if the interest is compounded semi-annually. Round to the nearest whole number.
Do not put the $ in your answer or any units. Only put the number value for your answer.
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
