Given:
Principal = $14000
Rate of interest = 10% compounded semiannually.
Time = 11 years.
To find:
The accumulated value of the given investment.
Solution:
Formula for amount or accumulated value after compound interest is:

Where, P is the principal values, r is the rate of interest in decimal, n is the number of times interest compounded in an year and t is the number of years.
Compounded semiannually means interest compounded 2 times in an years.
Putting
in the above formula, we get




Therefore, the accumulated value of the given investment is $40953.65.
It is an infinite number of solutions. To put it simply, is x = 1, y would equal 4.you can do this with every single number.
We are asked to determine the present value of an annuity that is paid at the end of each period. Therefore, we need to use the formula for present value ordinary, which is:

Where:

Since the interest is compounded semi-annually this means that it is compounded 2 times a year, therefore, k = 2. Now we need to convert the interest rate into decimal form. To do that we will divide the interest rate by 100:

Now we substitute the values:

Now we solve the operations, we get:

Therefore, the present value must be $39462.50
-1/2 = -3/6
-3/6 + 1/6 = -2/6
-2/6 = -1/3
-1/3 is your answer
hope this helps
60 thousand is the value of 6 in 5,165,874