An investment of $45,000 earns 6% annual interest and is compounded semiannually. If no funds are added or removed from this

Question

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.

Kunduz · Accepted Answer

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