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6. A sum of money is invested for four years in a CD promising 9.2% of interest compounded semiannually. At the end of the four

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6. A sum of money is invested for four years in a CD promising 9.2% of interest compounded semiannually. At the end of the four years, you get a check for $1842.93. How much was the original principal? a) Match the scenario with the type of the problem that it is: Simple interest problem a Compound interest problem Saving annuity o Payout annuity o Loans b) Write the general formula which can be used for this type of calculations: c) Now solve the problem. Show your work and circle (square, highlight, etc.) your final

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