i got the answer 6764.57 but it says it's wrong

samrat3343@gmail.com:

What amount, 1.5 years from now, is equivalent to $7500 due in 8 years if money can earn 7% compounded semiannually?

Your question doesn't make much sense. Is the 1.5 years from now a loan amount? Do you have to pay interest? Is it 7% pa?

Try and get your question sorted out and then post again.

samrat3343@gmail.com:

What amount, 1.5 years from now, is equivalent to $7500 due in 8 years if money can earn 7% compounded semiannually?

I think that I get it

S=P(1+i) ⁿ
i=0.035
n=16
S=7500
Find P
7500 = P (1.035) ¹⁶
7500 / (1.035) ¹⁶ = P
P = $4325.29

Find the value in 1.5 years
i=0.035
n=3
S=?
P=4325.29
S=$4325.29(1.035) ³
S=$4795.53
That's what i get.

What answer were you supposed to get?