Juan invested $8700 at 11% to be compounded semi-annually. What will be the value of Juan's investment in 2 years? Round your answer to the nearest cent. Note: Assume 365 days in a year and 30 days in a month.

b

step-by-step explanation:

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step-by-step explanation:

this can be solved first with pythagorean theorem, which tells us to square both legs of the triangle and sum it. this will be equal to the square of the hypotenuse.

the hypotenuse is the side "opposite" the 90 degree angle, which is x.

so we can write using pythagorean theorem,

simplifying:

to further simplify this radical, we need to use the property  

thus

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6: 4= 3/2

18: 8= 9/4

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