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Use Values from the Compound Interest Table to Find the Compound

Question 16

Multiple Choice

Use values from the compound interest table to find the compound amount. Round to the nearest cent. Use values from the compound interest table to find the compound amount. Round to the nearest cent. -$12,000 at 8% compounded semiannually for 12 years A) $23,520.00 B) $30,218.04 C) $30,759.60 D) $19,212.39
-$12,000 at 8% compounded semiannually for 12 years


A) $23,520.00
B) $30,218.04
C) $30,759.60
D) $19,212.39

Correct Answer:

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