Multiple Choice
Determine the future value of $2,800 deposited semi-annually for the first 6 years at 2.4% compounded monthly, and $550 per quarter for the remaining 4 years at 3.5% compounded annually.
A) $48,928.55
B) $50,613.64
C) $51,067.66
D) $51,581.08
E) $52,352.94
Correct Answer:
Verified
Correct Answer:
Verified
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