With an interest rate of 9% per year, compounded semiannually, the value of a $12,000 investment...
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With an interest rate of 9% per year, compounded semiannually, the value of a $12,000 investment after 5 years is close to: $1780 $15,801 $18,636 $14,800 With an interest rate of 9% per year, compounded semiannually, the value of a $12,000 investment after 5 years is close to: $1780 $15,801 $18,636 $14,800
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The correct answer is 15801 To calculate the future value of the investment we can use the for... View the full answer
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