Multiple Choice
Determine the future value of $5,000 per month deposits for the first four years, and $8,000 per quarter for the remaining three years, given an interest rate of 6.5% compounded semi-annually.
A) $435,460.18
B) $436,550.21
C) $440,145.85
D) $450,689.92
E) $453,878.14
Correct Answer:
Verified
Correct Answer:
Verified
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