Joseph Patrik will deposit enough money today so that his account will contain $30,000 in 15 years. The account will pay interest at 12% compounded semiannually. Compute the interest (in dollars) that Patrik will earn during the 15 years. (Use Tables 16-1A&B or 16-2A&B or a calculator.)

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Question 19 -Joseph Patrik will deposit enough money today so that his account will contain $30,000 in 15 years. The account will pay interest at 12% compounded semiannually. Compute the interest (in dollars) that Patrik will earn during the 15 years. (Use Tables 16-1A&B or 16-2A&B or a calculator.)

Select $24,519.00 as your answer

$24,519.00

Select $24,776.70 as your answer

$24,776.70

Select $5,481.00 as your answer

$5,481.00

Select $5,223.30 as your answer

$5,223.30