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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
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$2,328.48
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$2,212.05
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$2,220.07
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$408.66
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$362.07
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