Find the Compound Amount for the Deposit

question 81

Multiple Choice

Find the compound amount for the deposit. Round to the nearest cent.
-$15,000 at 10% compounded semiannually for 10 years

• A) $39,799.47
• B) $24,433.42
• C) $38,906.14
• D) $30.000.00

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Definitions:

Sambians

A cultural or ethnic group, specifically mentioned in anthropological studies for their unique practices and beliefs; without more context, further specificity is needed.

Sexual Contact

Any form of physical interaction between individuals involving sexual organs or the transmission of bodily fluids, aimed at sexual gratification or reproduction.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, or both sexes. Sexual orientation also refers to a person's sense of identity based on those attractions, related behaviors, and membership in a community of others who share those attractions.

Sambians of New Guinea

Refers to a tribe living in Papua New Guinea, known for their unique rites of passage and sexual practices as a part of their cultural traditions.