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    Contemporary Business Mathematics Study Set 1
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    Exam 9: Compound Interest - Future Value and Present Value
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    Find M for the Investment of $1000
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Find M for the Investment of $1000

Question 53

Question 53

Multiple Choice

Find m for the investment of $1000.00 for 2 years at 1.8% compounded semi-annually.


A) 4
B) 2
C) 0.9%
D) 1
E) 1.8%

Correct Answer:

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