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(Choose 1 answer)
☐ A
Jane wants to make an investment which will pay $500 every six months over next five years. How much
should Jane invest if she requires 10% rate of return compounded semiannually?
A. $2,164.74
B. $3,072.28
C. $3,860.87
D. $4,256.78
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FUO.sh
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