Calculate the Proceeds of $5500

question 144

Multiple Choice

Calculate the proceeds of $5500.00 due in 20 years, nine months discounted at 8.0% compounded semi-annually.

• A) $1080.14
• B) $1145.59
• C) $1051.54
• D) $1113.83
• E) $1063.04

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Definitions:

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Apply Ice

The act of placing ice or a cold pack on an area of the body to reduce inflammation, swelling, and pain typically after an injury.

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A medical device used for the treatment of hip dysplasia in infants, designed to hold the hips in proper alignment.