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Sarah and Joe sold their home and moved out of the country to work as missionaries in a third world country for 3 years. They
Sarah and Joe sold their home and moved out of the country to work as missionaries in a third world country for 3 years. They have invested the proceeds of the sale of their home in order to purchase another house when they return. They invested $120,000.00 at 8%, compounded semi-annually. How much will the investment be worth in 3 years
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