Multiple Choice
Anthony Driver wants to buy a new car in 4 years.He knows that he can earn 6% interest compounded semi-annually.How much must he deposit now in order to have $26,000 at the end of 4 years?
A) $21,390.20.
B) $20,524.66.
C) $38,413.96.
D) $31.603.26.
Correct Answer:
Verified
Correct Answer:
Verified
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