How much money you will have

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Reference no: EM132049483

Question 1: Determine how much money you will have if $500 is invested for six years at 4% per year, compounded semi-annually.

Question 2: How much money should I invest to the nearest cent at 6%/a compounded monthly to have $20,000 in 4 years?

Reference no: EM132049483

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