What's the Future Value of $1,500 After 5 Years If

question 150

Multiple Choice

What's the future value of $1,500 after 5 years if the appropriate interest rate is 6%, compounded semiannually?

• A) $1,819
• B) $1,915
• C) $2,016
• D) $2,117
• E) $2,223

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