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Use Table 11-1 to calculate the compound amount (in $) on an investment of $3,500 at 10% interest, compounded semiannually, for 16 years. (Round your

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Use Table 11-1 to calculate the compound amount (in $) on an investment of $3,500 at 10% interest, compounded semiannually, for 16 years. (Round your answer to the nearest cent.) 5% 4% Periods 8% Eriods 1 1.00500 1.01003 1.01 SOS 1.02015 1.02525 2 3 4 5 15 1.01000 1.02010 1.03030 1.04060 1.05101 1's 1.01500 L01022 1.04568 1.06136 1,07728 1.02000 1.03000 1.040401,06090 1.06121 1.09273 1.08243 1.12551 1.10408 1. 15927 1.04000 1.08160 1.12486 1.16986 1.21665 6% 1.06000 1.12360 1.19102 1.26248 1.33823 1.05000 1.10250 1.15763 1.21551 1.27628 1.08000 1.16640 1.25971 1.36049 1.46933 1 2 3 4 5 6 Ora 1.03038 1.03553 1.04071 1.04591 1.05114 1.06152 1.07214 1.08286 1.09369 1.10462 1.09344 1.10984 1.12649 1.14339 1.16054 1.26532 1.31593 1.36857 1.42331 1.48024 1.34010 1.40710 147746 1.55133 1.62889 1.41852 1.50363 1.59385 1.68948 1.79085 7% 1.07000 1.14490 1.22504 1.31080 1.40255 I 50073 1.60578 1.71819 1.83846 1.96715 2.10485 2.25219 2,40985 2.57853 2.75903 1.58687 1.71382 1.85093 1.99900 2.15892 6 7 8 9 10 10 12 11 12 13 14 15 1.05610 1.06168 106699 1,07232 1.07768 1.11567 1.12683 L13809 1.14947 1.16097 1.12616 1.19405 1.14869 1.22987 1.17166 1.26677 1.19509 1.30477 1.21899 1.34392 1.24337 1.38423 1.26824 142576 1.29361 1.46853 1.31948 1.51259 1.34587 1.55797 1.37279 1.60471 1.40024 1.65285 1.42825 1.70243 1.45681 1.75351 1.48595 1.80611 1.17795 1.19562 1.21355 1.23176 1.25023 1.5.1945 1.60103 1.66507 1.73168 1.80094 1.71034 1.79586 1.88565 197993 2.07893 1.89830 2.01220 2.13293 2.26090 2.39656 2.33164 251817 2.71962 2.93719 3.17217 16 17 18 19 20 1.08307 1.08849 1.09393 1.09940 1.10490 1.17258 1.26899 1.18430 1.28802 1.19615 1.30734 1.20811 1.32695 1.22019 1.34686 1.87298 194790 2.02582 2.10685 2.19112 2.18287 2.29202 2.40662 2.52695 2.65330 2.54035 2.69277 2.85434 3.02560 3.20714 2.95216 3.15882 3.37993 3.61653 3.86968 3.42594 3.70002 3.99602 4.31570 4.66096 998 am 19 20 21 22 23 24 25 1.11042 1.11597 1.12155 1.12716 1.13280 1.23219 1.24472 1.25716 1.26973 1.28243 1.36706 1.38756 1.40838 1.42950 1.45095 1.51567 1.54598 1.57690 1.60844 1.64061 1.86029 1.91610 1.97359 2.03279 2.09378 2.27877 2.36992 2.46472 256330 266584 2.78596 2.92526 3.07152 3.22510 3.38635 3.39956 3.60354 3.81975 4.04893 4.29187 4.14056 443040 4.74053 5.07237 5.42743 5.03383 5.43654 5.87146 6.34118 6.84848 25 9 . Periods 1 2 3 4 5 1.09000 1.18810 1.29503 1.41158 1.53862 105 1.10000 1.21000 133100 1 46410 1,61051 11% 1.11000 1.23210 1.36763 151807 1.68506 12% 1.1 2000 1.25440 140493 1.57352 1.76234 13% 1.13000 1.27690 1.44290 1.63047 184244 14% 1.14000 1.29960 1.48154 1.68896 1.92541 15% 1.15000 1.32250 1.52088 1.74901 2.01136 16% 1.16000 1.34560 1.56090 1.81064 2.10034 17% 1.17000 1.36890 1.60161 1.87389 2.19245 18% 1.18000 1.39240 1.64303 1.93878 2.28776 Periods 1 2 3 4 5 6 7 8 9 10 1.67710 1.82804 199256 2.17189 2.36736 1.77156 1.94872 2.14359 215795 2.59374 187041 207616 230454 255804 2.83942 2.08195 2.35261 2.65844 3.00404 3.39457 2.19497 2.50227 2.85259 3.25195 3.70722 231306 2.42640 2.66002 282622 3.05902 3.27841 3.51788 3.80296 4,04556 4.41144 256516 3.00124 331145 4.10840 480683 2.6.9955 3.18547 3.75886 4.43545 5.23384 6 7 8 9 10 1.97382 221068 247596 2.77308 3.10585 3.47855 3.89598 4.36349 488711 547357 11 2.58043 281266 3,06580 334173 364248 2.85312 3.13843 3.45227 3.79750 4.17725 3.15176 3.49845 3.88328 431014 4.71459 3.83586 4.33452 4,89801 5.53475 6.25427 4.22623 4.81790 5.49241 6.26135 7.13794 4.65239 535025 6.15279 7.07571 8.13706 13 5.11726 593603 6.88579 7.98752 9.26552 5.62399 6.58007 7.69868 9.00745 10.53872 6.17593 7.28759 8.59936 10.14724 11.97375 11 12 13 14 15 15 E928 16 397051 4.32763 4.71712 3.14166 5.60441 4.59497 5,05447 5.55992 6.11591 6.72750 5.31089 5.89509 654355 7.26334 8.06231 6.13039 6.86604 7.68997 8.61276 9.64629 7.06733 7.98608 9,02427 10.19742 11.52309 8.13725 9.27616 10.57517 1205569 13.74349 9.35762 10.76126 1237545 14.23177 16.36654 10.74800 12.46768 14,46251 36.77652 19.46076 12 33030 14.42616 16.87895 19.74838 23.10560 14.12902 16,67225 19.67323 23.21444 27.39303 10 17 18 19 20 20 21 6.10881 6.65860 7.25787 791108 2.62108 740025 8.14027 8.95430 9.84973 10.83471 8.94917 9.93357 11.02627 12 23916 13.58546 10.80385 12.10031 13.55235 15.17863 17.00006 13.02109 14,71383 16.62663 18.78809 21.23054 15.66758 17.86104 20.36158 23.21221 26 46192 18.82152 21.64475 2489146 28.62518 32.91895 22 57448 26.18640 30.37622 35.23612 40.87424 27.03355 31,62925 37.00623 43.29729 5065783 32.32378 38.14206 45.00763 53.10901 62.66863 24 25 23 24 25

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