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What is the future value of $500 in 22 years assuming an interest rate of 12 percent compounded semiannually? Multiple Choice O $6,050.16 O $6,492.74

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What is the future value of $500 in 22 years assuming an interest rate of 12 percent compounded semiannually? Multiple Choice O $6,050.16 O $6,492.74 O $728.41 $6.168.10 $628.29 O

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