document.write( "Question 202505: if Grace invested $6000 semi-annually in corporate bonds, beginning March 31 1990. If the yield is 8% compounded semi-annually, determine the amount of the bond on October 1st 1992 \n" ); document.write( "
Algebra.Com's Answer #152773 by rfer(16322)\"\" \"About 
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FV=P(1+r/n)^(n*t)
\n" ); document.write( "FV=6000(1+.08/2)^(2*2.5)
\n" ); document.write( "Fv=6000(1.04)^5
\n" ); document.write( "FV=6000(1.2166529)
\n" ); document.write( "FV=$7299.92
\n" ); document.write( "
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