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Solve the Problem. -Alicia Invests $14,000 in a Savings Account Earning Interest at Earning

Question 224

Multiple Choice

Solve the problem.
-Alicia invests $14,000 in a savings account earning interest at a rate of 12% compounded semiannually. Find the amount in the account at the end of 14 years.


A) $57,563.61
B) $67,512.84
C) $71,563.61
D) $68,419.57

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