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What is the future value of $500 in 24 years assuming an interest rate of 6 percent compounded semiannually? Multiple Choice $1,962.82 $2.066.13 $1,962.82 $2,066.13

What is the future value of $500 in 24 years assuming an interest rate of 6 percent compounded semiannually? Multiple Choice $1,962.82 $2.066.13 $1,962.82 $2,066.13 $606.52 $561.92 $2.024.47

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