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What is the future value of $300 in 21 years assuming an interest rate of 10 percent compounded semiannually? Multiple Choice $2,328.48 $2,212.05 $2,220.07 $408.66

What is the future value of $300 in 21 years assuming an interest rate of 10 percent compounded semiannually?

Multiple Choice

  • $2,328.48

  • $2,212.05

  • $2,220.07

  • $408.66

  • $362.07

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