If you receive $20,000 as a gift and invest it at 12% compounded semi-annually,how much will you have at the end of three years? Use Table FA-1.
A)$32,020.60
B)$28,380.00
C)$22,497.20
D)$14,027.60

Question

If you receive $20,000 as a gift and invest it at 12% compounded semi-annually,how much will you have at the end of three years? Use Table FA-1. 
A)$32,020.60 
B)$28,380.00 
C)$22,497.20 
D)$14,027.60

Quizplus · Accepted Answer

The Answer of If you receive $20,000 as a gift and invest it at 12% compounded semi-annually,how much will you have at the end of three years? Use Table FA-1. 
A)$32,020.60 
B)$28,380.00 
C)$22,497.20 
D)$14,027.60

If You Receive $20,000 as a Gift and Invest It