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Today you put $200 into an investment that earns 8 percent per year with semiannual compounding. After three years your investment is worth ________. Excel
Today you put $200 into an investment that earns 8 percent per year with semiannual compounding. After three years your investment is worth ________.
Excel hint: FV(rate = ??, nper = ??, pmt = 0, pv = 0, type = 0)
Group of answer choices
$158
$252
$135
$253
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