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If Technology Needs invests $1,200,000 today at 6% annual interest and the money is compounded semiannually, how much will be in the bank account one
If Technology Needs invests $1,200,000 today at 6% annual interest and the money is compounded semiannually, how much will be in the bank account one year from the date invested?
Select one:
A. $1,273,080
B. $1,296,000
C. $1,397,760
D. $1,272,000
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