astetler43 astetler43

27-04-2021
Mathematics

contestada

Find the lump sum that must be deposited today to have a future value of $65,000
in 10 years if funds earn 8% compounded semiannually.

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Serena215 Serena215

27-04-2021

Answer: 812.5

Step-by-step explanation: what i did first was divide 65000 by 10 which gave 6500 and then i divided it by 8 which gave 812.5, but i could be possibly wrong

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