Question: Provide full calculation for below question. 1. Suppose you have $1500 and invested it at 6 percent per year, compounded semiannually. How much could you

Provide full calculation for below question.

1. Suppose you have $1500 and invested it at 6 percent per year, compounded semiannually. How much could you withdraw at the end of the next 5 years?

a.$1,819

b.$1,915

c.$2,016

d.$2,117

e.$2,007

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