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A Principal of $5000 Is Invested at 4% Interest

Question 67

Multiple Choice

A principal of $5000 is invested at 4% interest.Find the amount after 10 years if the interest is compounded semi-annually.

A) $7431.74
B) $7433.74
C) $7432.74
D) $7430.74
E) $7429.74

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