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FV is 68,000 PV is 36,678.56 annual i = 5% Interest is compounded semi-annually How many years will it take before the investment is 68,000?
FV is 68,000
PV is 36,678.56
annual i = 5%
Interest is compounded semi-annually
How many years will it take before the investment is 68,000? Is it 12.5 years or 13 years?
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