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QuizMultiple Choice

Annuities

Question 1 • Financial Math A

Sandra deposits $3,000 at the end of each semiannual period for 12 years at 10% interest compounded semiannually. Determine the amount she will have in the account after 12 years. Round to the nearest cent.a.$133,506.00b.$140,181.30c.$121,291.43d.$70,568.14

Answer
A
A
B
B
C
C
D
D
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