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  3. an investment of $45,000 earns 6% annual interest

An investment of $45,000 earns 6% annual interest and is compounded semiannually. If no funds...

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Calculus

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An investment of $45,000 earns 6% annual interest and is compounded semiannually. If no funds are added or removed from this account, what is the future value of the investment after 3 years? Round your answer to the nearest penny.

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