Business
Business, 14.07.2019 11:30, madisonnxo

Ican't find the answerderek established his own retirement account 10 years ago. he has discovered that he can obtain a better rate for the next 10 years at 12 percent interest compounded semiannually. consequently, derek established a new ordinary annuity account (beginning amount $0.00) and he will contribute $7,000.00 semiannually into the account for the next 10 years. what will be the value of this account at the end of the 10-year period? a)$83,652.59b)$257,502.00c)$244,707 .61d)$264,501.86

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