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QUESTION
10) Determine how much money you will have if $500 is invested for six years at 4% per year, compounded semi-annually.
10) Determine how much money you will have if $500 is invested for six years at 4% per year, compounded semi-annually.
11) How much money should I invest to the nearest cent at 6%/a compounded monthly to have $20,000 in 4 years?
