Stor-Away Co. needs to buy a new forklift. The company decides to deposit $3,700 in...
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Accounting
Stor-Away Co. needs to buy a new forklift. The company decides to deposit $3,700 in an account that earns 6% per year compounded semiannually. How much will the investment be worth in 2 years?
a) $4,154.38
b) $4,164.38
c) $4,144.38
d) $4,134.38
e) $4,184.38
f) None of the above.
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