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Hao made a single investment which, after 5 years invested at 15% compounded semiannually, has accumulated to $221,900. How much did Hao invest initially? (PV
Hao made a single investment which, after 5 years invested at 15% compounded semiannually, has accumulated to $221,900. How much did Hao invest initially? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)
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$221,898
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$175,387
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$217,880
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$107,666
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$39,541
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