Find the future value of an ordinary annuity of $5,000 semiannually for 8 years at 7% annual interest compounded semiannually. how much was invested? how much interest was earned? use the table below. click on the icon to view the future value of $1.000 ordinary annuity table.
11, 13, 14 17 of 20 (0 complete) i future value of $1.00 ordinary annuity as earned? rate per period periods 3.00% 3.50% 4.00
ters 11, 13, 14 < 17 of 20 (0 complete) ► i future value of $1.00 ordinary annuity miannual inary an t needed.) as $ t 12 13
the future value is $ . (round to the nearest cent as needed.)
the total investment was $ and the earned interest was $ . (round to the nearest cent as needed.)