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  • 3 years ago

Gracie Shay wants to buy a new Hummer in 5 years. Gracie estimates the cost of the Hummer will be $28,000. If she invests $12,000 now, at a rate of 6 percent compounded semiannually, she: 1.Will have enough money 2.Will have exactly $16,000 3.Will have $18,000 4.Will have $16,126.80 5.None of these

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