Find the Amount That Results from the Investment $\$ 1,000$ Invested At

question 366

Multiple Choice

Find the amount that results from the investment.
- $\$ 1,000$ invested at $4 \%$ compounded semiannually after a period of 6 years

• A) \(\$ 268.24\)
• B) \(\$ 1,243.37\)
• C) \(\$ 1,268.24\)
• D) \(\$ 1,265.32\)

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Definitions:

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