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QUESTION 4 Ryan wants to have $500,000 in the bank in ten years. If the bank pays interest at 12% compounded semi-annually, how much
QUESTION 4 Ryan wants to have $500,000 in the bank in ten years. If the bank pays interest at 12% compounded semi-annually, how much does he need to deposit today to reach his goal? $5,373.40 $ 155,902.36 O $160,986.62 $372,046.96 O Some other number QUESTION 5 Jason invests $1,000 today in an account paying 10% compounded semi-annually. How much will he have 20 years from today? O $7,039.99 O $38,337.60 O $45,259.26 $49,561.44 O Some other number
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