johntfrazier1 johntfrazier1

07-07-2021
Mathematics

contestada

Gil wants to have $9,500 in 7 years. Use the present value formula to calculate how much he should invest now at 2% interest, compounded semiannually in order to reach his goal.

Respuesta :

khumaira175 khumaira175

07-07-2021

Answer:

9500 × 1.02^7

Step-by-step explanation:

9500 × 1.02^7

Calculate that

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