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 $40953.65.
Answer:
44$
Step-by-step explanation:
8% of (550 US$) =
44 US$
Answer: -56 -17 0 5 34
Step-by-step explanation:
The more left you go on a number line the smaller it is