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Show work and use formulas if possible What is the future value of $400 in 24 years assuming an interest rate of 7 percent compounded

image text in transcribedShow work and use formulas if possible

What is the future value of $400 in 24 years assuming an interest rate of 7 percent compounded semiannually? Multiple Choice O $2,085.44 $501.09 O $1,981.16 $2,028.95 O $458.37

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