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Question 24 (1 point) An investment pays $500 at the end of every 6 months (semi-annually) for the next 3 years. If the annual interest

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Question 24 (1 point) An investment pays $500 at the end of every 6 months (semi-annually) for the next 3 years. If the annual interest rate is 12% compounded semi-annually, the present value of the investment is: O a. $1,336.51 b. $2,451.73 C. $2,458.66 d. $2.708.60

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