question be6 1 chris spear invested 15000 today fund earns 8 compounded annually what amount
Question BE6-1- Chris Spear invested $ 15,000 today in a fund that earns 8% compounded annually. To what amount will the investment grow in 3years? To what amount would the investment grow in 3 years if the fund earns 8% annual interest compounded semiannually?