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1. Larker Corporation invested $4,000 in a 4-year security earning a return of 12% compounded twice per year. What is the value of the investment

1. Larker Corporation invested $4,000 in a 4-year security earning a return of 12% compounded twice per year. What is the value of the investment after 4 years?

6,375

4,480

6,294

6,419

None of the listed options

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