Determine the principle that will accumulate to $2387.18 from September 1, 2020 to March 1, 2024, at
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Question:
Determine the principle that will accumulate to $2387.18 from September 1, 2020 to March 1, 2024, at 5% p.a. compounded semi-annually.
a. $2005.50 b. $1008.75 c. $2008.25 d. $8002.
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Accounting Texts and Cases
ISBN: 978-1259097126
13th edition
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
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