# Mathematics - Compound Interest

Burger and more business is worth 250,000. it is expected to grow at 12% per year compounded annually for the next 5 years.

Find the expected future value.

If funds from the sale of the business today would be placed in an account yielding 6% compounded semiannually, what would be the minimum acceptable price for Burger and more at this time?

https://brainmass.com/business/business-math/mathematics-compound-interest-216797

#### Solution Preview

(a) P = 250000, R = 0.12, T = 5

A = P(1 + R)^T = 250000(1 + ...

#### Solution Summary

This solution provides a detailed step by step explanation of the given problem involving compound interest.

$2.19