How much money will you have after 8 years

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suppose you invgest $4,500 today in an account that earns a nominal annual rate(i nom) of 16 percent with interest compounded semiannually. how much money will you have after 8 years?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132012844

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