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To what amount will the investment grow in 4 years? To what amount would the investment grow in 4 years if the fund earns 12% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, e.g.458,581.) Investment at 12% annual interest Investment at 12% annual interest, compounded semiannually $ $

To what amount will the investment grow in 4 years? To what amount would the investment grow in 4 years if the fund earns 12% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, e.g.458,581.) Investment at 12% annual interest Investment at 12% annual interest, compounded semiannually $ $

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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To what amount will the investment grow in 4 years? To what amount would the investment grow in 4 years if the fund earns 12% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, e.g. 458,581.) Investment at 12% annual interest Investment at 12% annual interest, compounded semiannually $ +A $
Transcribed Image Text:To what amount will the investment grow in 4 years? To what amount would the investment grow in 4 years if the fund earns 12% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, e.g. 458,581.) Investment at 12% annual interest Investment at 12% annual interest, compounded semiannually $ +A $
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