Multiple Choice
Solve the problem. Round to the nearest cent.
-Sandra deposits $3000 in an ordinary annuity at the end of each semiannual period at 3% interest Compounded semiannually. Find the amount she will have on deposit after 12 years.
A) $85,900.56
B) $78,675.43
C) $82,900.56
D) $43,853.37
Correct Answer:

Verified
Correct Answer:
Verified
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