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What is the future value of $300 in 16 years assuming an interest rate of 8 percent compounded semiannually? O $1,027.78 $376.32 O $1.052.42 $999.80

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What is the future value of $300 in 16 years assuming an interest rate of 8 percent compounded semiannually? O $1,027.78 $376.32 O $1.052.42 $999.80 $345.03

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