Business, 07.04.2020 17:05, emblemhacks

Angie invested $250,000 she received from her grandmother today in a fund that is expected to earn 10% per annum. To what amount should the investment grow in five years if interest is compounded semi-annually?

a. $407,223.
b. $387,835.
c. $442,890.
d. $402,625

Answers: 3

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Angie invested $250,000 she received from her grandmother today in a fund that is expected to earn 1...