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teyodani teyodani
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8 months ago
Sally has invested a constant amount at the end of every six months for the last 40 years. She has made wise investment decisions and has earned a return of 16.4% compounded semiannually. Today the value of her savings has reached $2,500,000. What amount has she been investing every half-year?

▸ $91.66

▸ $375.29

▸ $5,834.15

▸ $61,983.84

▸ $205,375.29
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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BronosBronos
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8 months ago
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Anonymous
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2 months ago
Help! The answer is missing an explanation...
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