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What will be the future amount accumulated by each of the following present investments? (a) $6000 in 7 years at 12% compounded semiannually. Answer :

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What will be the future amount accumulated by each of the following present investments? (a) $6000 in 7 years at 12% compounded semiannually. Answer : $ (b) $11000 in 8 years at 7% compounded quarterly. Answer: $ (c) $10000 in 10 years at 9% compounded monthly. Answer: $

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