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