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MULTIPLE CHOICE QUESTIONS (20 x 3 = 60 Marks) 1. What amount invested at 10% compounded semi annually will be worth $6380.00 after 38 months?

MULTIPLE CHOICE QUESTIONS (20 x 3 = 60 Marks) 1. What amount invested at 10% compounded semi annually will be worth $6380.00 after 38 months? A) $8690.00 B) $6331.04 C) $4684.05 D) $999.14 E) $3488.73

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