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What is the future value of $1,000 in 16 years assuming an interest rate of 13 percent compounded semiannually? Multiple Choice ho $1,445.30 $1.255.17 $7,127.07

What is the future value of $1,000 in 16 years assuming an interest rate of 13 percent compounded semiannually? Multiple Choice ho $1,445.30 $1.255.17 $7,127.07 $7,502.18 $7,067.33

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