You start to save for a major purchase. You can invest $329 every three months starting today for 5 years and 9 months. You are able to earn 5.87% compounded semi-annually. What is the amount of interest that you earn during the entire term?
A) $2092.49
B) $2029.49
C) $2292.49
D) $2229.49
E) $1475.72
Correct Answer:
Verified
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