A$4,000.00 principal earns 5% interest, compounded annually. after 4 years, what is the balance in the account?

$500,000.00
$4,862.03
$4,600.00
$20,250.00

24.
a $6,000.00 principal earns 8% interest, compounded semiannually. after 35 years, what is the balance in the account?

$22,800.00
$39,600.00
$88,712.07
$93,429.71

25.
a tractor costs $15,450.00 and depreciates in value by 14% per year. how much will the tractor be worth after 3 years? $22,889.85
$15,408.00
$8,451.28
$9,827.07