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  3. 12 a principal of 7650 is invested at a rate...

Question: 12 a principal of 7650 is invested at a rate...

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12) A principal of $7,650 is invested at a rate of 3.7% compounded annually. After how many years C) 16 13) Find the present value of $450 in the six years time if the discount rate is 9.5% compounded 12) will the investment first exceed $12,250? A) 12 B) 15 D) 13 E) 14 13) semi-annually. Round your answer to two decimal places. B) $187.45 A) $151.44 C) $193.24 D) $257.85 E) $261.05
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