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What is the future value of $600 in 16 years assuming an interest rate of 11 percent compounded semiannually? Multiple Choice $3,161.94 $3,186.54 $727.23 $3,328.36
What is the future value of $600 in 16 years assuming an interest rate of 11 percent compounded semiannually? |
Multiple Choice
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$3,161.94
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$3,186.54
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$727.23
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$3,328.36
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$819.41
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