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Angie invested $200,000 she received from her grandmother today in a fund that is expected to earn 2% per annum. To what amount should the
Angie invested $200,000 she received from her grandmother today in a fund that is expected to earn 2% per annum. To what amount should the investment grow in five years if interest is compounded semi-annually? Round to the nearest dollar.$220,924
b. $165,078.
c. $250,100.
d. $243,799
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