What is the final amount of an investment where you are making quarterly deposits of $672.31 at the end of the payment period for 7 years and 9 months? The interest rate is 6.16% compounded semi-annually.
A) $26 811.16
B) $28 611.16
C) $26 611.57
D) $28 811.16
E) $26 407.57
Correct Answer:
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