Multiple Choice
Angie invested $50,000 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?
A) $77,567.
B) $80,525.
C) $81,445.
D) $88,578.
Correct Answer:
Verified
Correct Answer:
Verified
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