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Provide full calculation for below question. 1. Suppose you have $1500 and invested it at 6 percent per year, compounded semiannually. How much could you
Provide full calculation for below question.
1. Suppose you have $1500 and invested it at 6 percent per year, compounded semiannually. How much could you withdraw at the end of the next 5 years?
a.$1,819
b.$1,915
c.$2,016
d.$2,117
e.$2,007
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