Solve the problem. When needed, use 365 days per year and 30 days per month.An initial investment of $14,000 is appreciated for 7 years in an account that earns 7% interest, compounded semiannually. Find the amount of money in the account at the end of the period.

A. $21,895.38
B. $8661.72
C. $22,480.94
D. $22,661.72


Answer: D

Mathematics

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