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If you receive $20,000 as a gift and invest it at 12% compounded semi-annually, how much will you have at the end of three

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If you receive $20,000 as a gift and invest it at 12% compounded semi-annually, how much will you have at the end of three years? a. $32,020.60 b. $14,027.60 c. $22,497.20 d. $28,380.00

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