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    Exam 4: Exponential and Logarithmic Functions
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    Find the Amount That Results from the Investment
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Find the Amount That Results from the Investment

Question 287

Question 287

Multiple Choice

Find the amount that results from the investment.
-$14,000 invested at 15% compounded semiannually after a period of 9 years


A) $37,461.26
B) $51,461.26
C) $47,870.94
D) $49,250.27

Correct Answer:

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