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You will deposit $200,000 today. It will grow for five years at 12% interest but compounded semi-annually. What will your investment grow to? a.$1,120,000 b.$352,468

You will deposit $200,000 today. It will grow for five years at 12% interest but compounded semi-annually. What will your investment grow to?

a.$1,120,000

b.$352,468

c.$358,200

d. $111,600

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