Answer
$\$ 7678.96$
Work Step by Step
Need to use formula: $A(t)=P(1+\dfrac{r}{n})^{nt}$
Here, we have
$A(3)=10000=P(1+\dfrac{0.09}{2})^{(2)(3)}$
or, $10000=P(1+\dfrac{0.09}{2})^{6}$
or, $P=\dfrac{10000}{(2.09/2)^6}=\$ 7678.96$
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.