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Posted on Oct 03, 2024

With an interest rate of 8% compounded semi-annually, the value of a $1,000 investment after 5 years will be about A. $1,800 B. $1,470 C.

With an interest rate of 8% compounded semi-annually, the value of a $1,000 investment after 5 years will be about

	A.	$1,800
	B.	$1,470
	C.	[DO NOT SELECT]
	D.	$1,480
	E.	Impossible to know without inflation rate
	F.	$1,400

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