SOLUTION: What is the future value of $8100 is invested for 15 years at 10% compounded semiannually?

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Question 1147789: What is the future value of $8100 is invested for 15 years at 10% compounded semiannually?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+A+=+P%2A%28+1+%2B+r%2Fn+%29%5E%28n%2At%29+
+P+=+8100+
+r+=+.1+
+n+=+2+
+t+=+15+
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+A+=+8100%2A%28+1+%2B+.1%2F2+%29%5E%28+2%2A15+%29+
+A+=+8100%2A1.05%5E30+
+A+=+8100%2A4.3219+
+A+=+35007.39+
$35,007.39
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check the math