Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
On December 31, 2016, Alpha Company invested $10,000 in 2 years, certificate with a 8% annual interest rate with semi-annual compounding.
On December 31, 2016, Alpha Company invested $10,000 in 2 years, certificate with a 8% annual interest rate with semi-annual compounding. Use this information to determine the maturity value of the certificate on December 31, 2018? (Round your answer to the nearest whole dollar.)
