Question: What is the future value of an initial $170 (single cash flow) after 4 years if it is invested in an account paying 10%, semiannually
What is the future value of an initial $170 (single cash flow) after 4 years if it is invested in an account paying 10%, semiannually compounded?
| A. | 251.16 | |
| B. | 248.89 | |
| C. | 206.64 | |
| D. | 250 |
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