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85.20,000 semiannually 5 yrs. 12% 12% 5yrs 3.605 12% 10 yrs 5.650 6% 10yrs 7.360 6%  5...

85.20,000 semiannually 5 yrs. 12%

12% 5yrs

3.605

12% 10 yrs

5.650

6% 10yrs

7.360

6%  5 yrs

4.212

            

84,240 (WA)              72,100               113,000             147,200             200,000

please help! show how to get an answer please

Thank you!!

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Answer #1

12% rate with semiannual for 5 years means 6% for 10 periods

= 20000 x 7.360 = 147200

Answer is c. 147200

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