$6550:is compound semiannually at a rate of 14% for 16 years

Question

As of 6 tonight we are on the street

Answer 1

Let A(t) = amount in t years.

A(t) = 6550(1 + 0.14 / 2)²⁽¹⁶⁾ = 6550(1.07)³²

Evaluate.