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Question 9 Manually calculate the compound interest on an investment of $7,500 at 6% interest, compounded semiannually, for 1 year. a. $7,950.00 b. $456.75 c.

Question 9Manually calculate the compound interest on an investment of $7,500 at 6% interest, compounded semiannually, for 1 year.

a.$7,950.00

b.$456.75

c.$7,956.75

d.$450.00

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