Investment compounded semiannually based problem
Question: How much should be invested at 8% compounded semiannually in order to have $5000 at the end of 8 years?A. $4215.27
B. $9364.91
C. $2669.54
D. $3048.78
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Question: How much should be invested at 8% compounded semiannually in order to have $5000 at the end of 8 years?
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