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Chris wants to accumulate $100,000 in 5 years. He plans on making equal semiannual deposits into an Investment account that ears 12% semiannually In order

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Chris wants to accumulate $100,000 in 5 years. He plans on making equal semiannual deposits into an Investment account that ears 12% semiannually In order to reach his goal. How much must Chris Invest every six months? PV of SI. FV of S1 PVA of 51, and FVA of S1) (Use appropriate factoris) from the tables provided.) Multiple Choice $13,58677 $10,000.00 $24.33119 $10,15339 $7586.79

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