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Posted on Oct 06, 2024

Laura Hall want to accumulate $ 8 5 0 0 by the end of 1 2 years. If the annual interest rate is 8 .

Laura Hall want to accumulate $

8500

by the end of

12

years. If the annual interest rate is

8.5 %

and interest compounds semiannually, how much will she have to invest today to achieve her goal?

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