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Suppose that$ 2000 is invested at a rate of5.4%,compounded semiannually. Assuming that no withdrawals are made, find the total amount after9 years. Do not round
Suppose that$2000is invested at a rate of5.4%,compounded semiannually. Assuming that no withdrawals are made, find the total amount after9
years.
Do not round any intermediate computations, and round your answer to the nearest cent.
what is the answer to the problem above?
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