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Gina's Fashion Plans to Make Semiannual Deposits of $1,963

Question 32

Multiple Choice

Gina's Fashion plans to make semiannual deposits of $1,963.64 until she has accumulated $72,000.Assuming she earns 7% on her investment,Wagner will need to make a total of:


A) 12 payments
B) 36 payments
C) 24 payments
D) cannot be determined from the information given

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