When Jim retires in 14 years, he expects to live lavishly on the money in a retirement account that is earning 9% interest, compounded semiannually.If the account now contains $147,000, how much will
Be available at retirement?
A)$505,166.02
B)$504,265.90
C)$504,266.24
D)$504,165.90
E)$579,790.79

Question

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The Answer of When Jim retires in 14 years, he expects to live lavishly on the money in a retirement account that is earning 9% interest, compounded semiannually.If the account now contains $147,000, how much will
Be available at retirement?
A)$505,166.02
B)$504,265.90
C)$504,266.24
D)$504,165.90
E)$579,790.79

When Jim Retires in 14 Years, He Expects to Live