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OpenStudy (anonymous):
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 ??????
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