6) Find the accumulated value of an investment of $10,000 at 4% compounded semiannually for 5 years.
A) $12,166.53
B) $12,189.94
C) $12,000.00
D) $11,040.81

7) Suppose that you have $10,000 to invest. Which investment yields the greater return over 6 years:
8.75% compounded continuously or 8.9% compounded semiannually?
A) $10,000 invested at 8.75% compounded continuously over 6 years yields the greater return.
B) Both investment plans yield the same return.
C) $10,000 invested at 8.9% compounded semiannually over 6 years yields the greater return.