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  • 31-05-2024
  • Business
Answered

Jackson plans to make 10 annual deposits of $1,000 starting 5 years from today. At a rate of 4%, compounded semi-annually, how much will he have 20 years from today? Round your final answer to the nearest dollar.


A$12,514
B$15,255
C$15,871
D$16,021

Verified Answer :

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