SOLUTION: Find the future value on \$5,000 in three years if the interest is compounded semiannually at 12%.

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 Click here to see ALL problems on Miscellaneous Word Problems Question 537756: Find the future value on \$5,000 in three years if the interest is compounded semiannually at 12%. Answer by TMils(8)   (Show Source): You can put this solution on YOUR website!Find the future value on \$5,000 in three years if the interest is compounded semiannually at 12%. semiannually = 2x/yr A=P(1+r/n)^nt A = 5000(1+(.12/2))^2x3 A = 5000(1.06)^6 A= \$7092.60 (7092.595561 rounded up to the nearest 2 decimal places)