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If Wise Saver Invests $1,800,000 Today at 6% Interest and the Money

Question 18

Multiple Choice

If Wise Saver invests $1,800,000 today at 6% interest and the money is compounded semiannually, how much will be in the bank account one year from the date invested? (Select the closest amount)


A) $1,648,000
B) $1,909,620
C) $1,908,000
D) $1,697,440

Correct Answer:

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