What future amount of money will be accumulated 10 years


What future amount of money will be accumulated 10 years from now by investing $1,500 now plus $2,200, 5 years from now at 8% interest compounded semi-annually?

A) F = 4,897

B) F = 3,987

C) F = 4,361

D) F = 4,654

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Business Economics: What future amount of money will be accumulated 10 years
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