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What is the future value of $1,690 in 16 years assuming an interest rate of 8.00 percent compounded semiannually? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91618255

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