What will be the value in five years

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You will invest 1000 for five years in an account earning 3% annual interest, compounded semiannually. What will be the value in five years?

Reference no: EM131411937

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What will be the value in five years : You will invest 1000 for five years in an account earning 3% annual interest, compounded semiannually. What will be the value in five years?
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