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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