Solve the problem.A sequence of yearly payments of $2000 is invested at the end of every compounding period, where interest is compounded semi-annually at 2%. What is the total amount of the annuity at the end of 6 years?
A. $125,365.01
B. $25,365.01
C. $138,047.51
D. $53,648.36
Answer: B
Mathematics
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A. 11,200 B. 11,300 C. 22,500 D. 11,250
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What will be an ideal response?
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A. {2.079} B. {7.921} C. {0.208} D. ?
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What will be an ideal response?
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