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Answered: Brian invests $11,500, at 6% interest, compounded semiannually for 2 years. Manually calculate the compound amount (in $) for his investment. | bartleby
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Molly wants to purchase a lakeside condo in Tomahawk, WI, in 20 years. Molly will invest in a mutual fund earning 8% compounded semiannually. How much will she need to deposit today in that fund to purchase her $100,000 lakeside condo? (Round your answer to the nearest cent.)
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