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What's the future value of $1,550 after 5 years if the appropriate interest rate is 6%, compounded semiannually ? $2,083.07 $2,072.34 $2,015.87 $2,117.56

What's the future value of $1,550 after 5 years if the appropriate interest rate is 6%, compounded semiannually?

$2,083.07

$2,072.34

$2,015.87

$2,117.56

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