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Calculate a) the compound amount for $5,000 invested for 2 years at 10% compounded semiannually? b) How much is the compound interest portion? c) The
Calculate
a) the compound amount for $5,000 invested for 2 years at 10% compounded semiannually?
b) How much is the compound interest portion?
c) The table factor is 1.21551; what are the adjustments for the interest and the periods?
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