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Calculate the future value of a $1 investment paying interest of 13.7% compounded semiannually. Work out the value of the investment after 1, 5, and...

Calculate the future value of a $1 investment paying interest of 13.7% compounded semiannually. Work out the value of the investment after 1, 5, and 20 years. (Do not round intermediate calculations. Round your answers to 4 decimal places.)

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Answer Future  value of the investment after 1 year = 1.1417... View the full answer

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The value of the investment after 1 year =$1.1417 The... View the full answer

T he future value is $1.14 T he... View the full answer

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