Today is your 20th birthday and your bank account balance is $25,000.
Today is your 20th birthday and your bank account balance is $25,000. Your account is earning
6.5% interest compounded semiannually. How much will be in the account on your 50th birthday?
A) $170,351 B) $159,795 C) $162,183 D) $163,823
ANSWER
A
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