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QUESTION 6 In 10 years, Joe's automotive must pay $8,000.00 to an executive as a retirement bonus. What lump sum can be invested today,

QUESTION 6 In 10 years, Joe's automotive must pay $8,000.00 to an executive as a retirement bonus. What lump sum can be invested today, at 9% compounded semiannually, so enough money will be available? OA. $3,317.14 OB. $19,293.71 OC. $3,285.17 D. $3,379.29

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