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ucian Ethos Iden X $ Homepage - Winter X Vretta X C Sign In or Sign Up x C Math P signment/4111 Question 4 of 7 Jesse set up

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rate compounded monthly=((1+rate compounded semi annually/2)^(2/12)-1)*12=((1+5.5%/2)^(2/12)-1)*12=5.44%


Investment=5000/(5.44%/12)*(1+5.44%/12)=1108343.154

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