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You need to accumulate $25,000 in 10 years. How much will you have to invest right now if your rate of return is 6% compounded

You need to accumulate $25,000 in 10 years. How much will you have to invest right now if your rate of return is 6% compounded semi-annually? a. $11,409.79 b. $11,579.97 c. $13,841.98 d. $13,960.24

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