What will be the Future value on an investment account of $9497 compounded semiannually at 5% for 2 years? O $10487.16 O $10493.63 O $10490.60 O $10482.91 O $10491.46

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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O $43470.83
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What will be the Future value on an investment account of $9497 compounded semiannually at 5% for 2
years?
O $10487.16
O $10493.63
O $10490.60
O $10482.91
O $10491.46
Farah borrows $1588 for 5 years at a simple-interest rate of 6%. Then the interest will be:
$833.70
176 40
Transcribed Image Text:-Learning Portal Courses Reports e-Services - Academic Departments ETC - CIMS O $43470.83 Clear my choice What will be the Future value on an investment account of $9497 compounded semiannually at 5% for 2 years? O $10487.16 O $10493.63 O $10490.60 O $10482.91 O $10491.46 Farah borrows $1588 for 5 years at a simple-interest rate of 6%. Then the interest will be: $833.70 176 40
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