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You invest $2,000 and earn 10% APR, with semi-annual compounding. How much is the investment worth in 4 years, and what is the Effective Annual
You invest $2,000 and earn 10% APR, with semi-annual compounding. How much is the investment worth in 4 years, and what is the Effective Annual Rate? O $19,098.20; 10.25% O $2,955: 10.25% O $19,098.20; 5% $2.955; 5% D Question 9 2 pts You borrowed $4,000 at 7% APR. You will repay the loan in equal, annual payments at the end of each year for 5 years. What is the interest portion of the second loan payment? O $231.31 O $280.00 O $179.21 O $695.56
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