Angie invested 250000 she received from her grandmother


Angie invested $250,000 she received from her grandmother today in a fund that is expected to earn 10% per annum. To what amount should the investment grow in five years if interest is compounded semi-annually?

$407,223.

$387,835.

$442,890.

$402,625

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Financial Management: Angie invested 250000 she received from her grandmother
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