What amount must be invested for eight years at 7.5% compounded semiannually to reach a maturity value of $10,000?*1 poi

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What amount must be invested for eight years at 7.5% compounded semiannually to reach a maturity value of $10,000?*1 point
What amount must be invested for eight years at 7.5% compounded semiannually to reach a maturity value of $10,000?*
What amount must be invested for eight years at 7.5% compounded semiannually to reach a maturity value of $10,000?*
1 point
$5,583.43None of the answers is correct$5,605.02$5,548.69$5,593.79$5,601.89
$5,583.43None of the answers is correct$5,605.02$5,548.69$5,593.79$5,601.89
$5,583.43None of the answers is correct$5,605.02$5,548.69$5,593.79$5,601.89
$5,583.43None of the answers is correct$5,605.02$5,548.69$5,593.79$5,601.89
$5,583.43
$5,583.43
$5,583.43
$5,583.43
None of the answers is correct
None of the answers is correct
None of the answers is correct
None of the answers is correct
$5,605.02
$5,605.02
$5,605.02
$5,605.02
$5,548.69
$5,548.69
$5,548.69
$5,548.69
$5,593.79
$5,593.79
$5,593.79
$5,593.79
$5,601.89
$5,601.89
$5,601.89
$5,601.89