what is the accumulated value in 5 years of an annuity paying 200 at the end of each half year, with a nominal interest rate of 9 convertible semiannually g

FV= $2,457.64

Explanation:

Giving the following information:

Number of periods= 5*2 = 10

Interest rate= 0.09/2 = 0.045

Semiannual payment= $200

To calculate the Future Value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= semiannual deposit

FV= {200*[(1.045^10) - 1]} / 0.045

FV= $2,457.64

answer; is usually (less than) the socially optimal level of consumption;

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.