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Please answer asap with formula investment at the end of the 7 years will be closest to: $16,402.08$17,138.24$16,199.34$16,218.63 John has been offered an investment opportunity
Please answer asap with formula
investment at the end of the 7 years will be closest to: $16,402.08$17,138.24$16,199.34$16,218.63John has been offered an investment opportunity that promises him 5% compounded semiannually for the first 2 years and 8% compounded annually for the next 5 years. If he invested $10,000 today, the value of th investment at the end of the 7 years will be closest to: o o o o $16,402.08 $17,138.24 $16,199.34 $16,218.63
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