Solve the problem. Round to the nearest cent. Tabby Soft believes that it will need new equipment in 5 years. The equipment will cost $26,000. What lump sum should be invested today at 6%, compounded semiannually, to yield $26,000? a. $22,558.87 c. $22,390.94 b. $23,948.47 d. $19,346.44 Please select the best answer from the choices provided A B C D

step-by-step explanation:

the original amount doesn't ''re just looking for the time it takes for 1/2 of the substance to we have

(1/2) =)     take the ln   of both sides

ln (1/2)   = )   and we can write

ln(1/2) = ) lne     and lne   = 1     so we have

ln(1/2) = -.1092t     divide both sides by -.1092

t = ln(1/2)/-.1092 = about 6.347 days = about 6.3 days (rounded)

the correct answer is a.) bc< mn 5 stars if this you : )

step-by-step explanation:

step-by-step explanation:

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