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If the balance at the end of eight years on an investment that has been invested at a rate of 9% compounded semi-annually was
If the balance at the end of eight years on an investment that has been invested at a rate of 9% compounded semi-annually was $5096.37, how much was the principal? a) $2557.70 b) $3583.69 c) $2520 d) $1283.62
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