SOLUTION: Find the value of a $10,000 bond paying 8% compounded semiannually, for 10 yr. A= p( 1 + r/n)^ nt

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Question 854919: Find the value of a $10,000 bond paying 8% compounded semiannually, for 10 yr.
A= p( 1 + r/n)^ nt
Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
10,00091+.08/2)^10*2
10,000(1+.04)^20
10,000(1.04)^20
10,000*2.19=$21,900 ANS.