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What is the future value of $21,000 invested for 5 years at 5% compounded semi-annually? $29,500 $24,350 $26,802 $25,913 $28,266

What is the future value of $21,000 invested for 5 years at 5% compounded semi-annually?

  1. $29,500
  2. $24,350
  3. $26,802
  4. $25,913
  5. $28,266

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