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Attempts Keep the Highest: 12 11. Semiannual and other compounding periods Semiannual compounding Implies that interest is compounded 12 times per year. You have deposited
Attempts Keep the Highest: 12 11. Semiannual and other compounding periods Semiannual compounding Implies that interest is compounded 12 times per year. You have deposited $96,780 into an account that will earn an interest rate of 5% compounded semiannually. How much will you have in this account at the end of eight years? $143,670.45 $158,037.50 $172,404.54 $142,988.14 Grade It Now Save & Continue Continue without saving
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