Question: Janine purchased a $ 5 , 0 0 0 . 0 0 compound interest bond. The interest rate is 1 0 % , compounded semi
Janine purchased a $ compound interest bond. The interest rate is compounded semiannually. How much will the bond be worth in years when it matures?
Question options:
a
$
b
$
c
$
d
$
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