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QUESTION 24 in your freshman year, your favorite aunt and uncle deposited $100,000 into a 4-year certificate of deposit (CD) that pays 8% interest compounded
QUESTION 24 in your freshman year, your favorite aunt and uncle deposited $100,000 into a 4-year certificate of deposit (CD) that pays 8% interest compounded semiannually. You will receive the money upon your graduation in four years. How much will you receive upon graduation after 4 years. (5points) SHOW YOUR WORK WITH FORMULAS, CALCULATIONS, AND RESULT IN THE SPACE BELOW. ROUND YOUR ANSWER TO TWO DECIMAL PLACES. RIGHT-CLICK on the link in the boxes below to open the file in Google OR Lumin pdf: LINKS TO FORMULA SHEET: LINKS TO FACTOR TABLES: Formula Sheet in Google Factor Tables in Google Formula Sheet in LuminPDF Factor Tables in LuminPDE BOTH LINKS POINT TO THE SAME FORMULA SHEET OR FACTOR TABLES, RESPECTIVELY TTTT Paragraph Anal 3(120) %DO QE T' T E. T. T- DOLL
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