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Jill invested $25,000 today in a fund that earns 10% annual interest compounded semiannually. To...

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Accounting

Jill invested $25,000 today in a fund that earns 10% annual interest compounded semiannually. To what amount will the investment grow in 7 years? (answers rounded)

Period PV of $1 at 5% PV of $1 at 10% FV of $1 at 5% FV of $1 at 10%

7 .71068 .51316 1.40710 1.94872

14 .50507 .26333 1.97993 3.79750

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