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Part B What's the future value of $3,200 after 5 years if the appropriate interest rate is 6%, compounded semiannually? Select the correct answer. a
Part B
What's the future value of $3,200 after 5 years if the appropriate interest rate is 6%, compounded semiannually? Select the correct answer. a $4.285.73 b. $4.296.83 c. $4.293.13 d. 54.289.43 O e S4300.53 What's the present value of $17,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer. O a $10.953.47 O b. $10.933.37 O c $10.940.07 O d. $10.946.77 O e. $10.960.17Step by Step Solution
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