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What's the future value of $4,500 after 5 years if the appropriate interest rate is 6%, compounded semiannually? $7,770.52 $6,585.19 $6,047.62 $6,782.75 $6,190.08
What's the future value of $4,500 after 5 years if the appropriate interest rate is 6%, compounded semiannually?
| $7,770.52 | ||
| $6,585.19 | ||
| $6,047.62 | ||
| $6,782.75 | ||
| $6,190.08 |
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Analysis For Financial Management
Authors: Robert Higgins, Jennifer Koski, Todd Mitton
13th Edition
1260772365, 978-1260772364
