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Question 4 (20 points) Determine the proceeds of $5000 four years and nine months before the due date if interest is 8% compounded semi-annually.
Question 4 (20 points)
Determine the proceeds of $5000 four years and nine months before the due date if interest is 8% compounded semi-annually.
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel
3rd Edition
0730302296, 978-0730302292
