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Round Your Answer to the Nearest Cent

Question 173

Multiple Choice

Round your answer to the nearest cent.
-Find the 6-year future value of an ordinary annuity with a contribution of $1800 every six months into an account that pays 3.8% per year, compounded semi-annually.


A) $53,476.45
B) $83,378.11
C) $24,006.46
D) $71,374.88

Correct Answer:

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