Multiple Choice
Solve the problem.
-An initial investment of $14,000 is appreciated for 4 years in an account that earns 13% interest, compounded semiannually. Find the amount of money in the account at the end of the period.
A) $22,826.63
B) $23,169.94
C) $9169.94
D) $21,755.81
Correct Answer:
Verified
Correct Answer:
Verified
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