When Jim retires in 14 years, he expects to live lavishly on the money in a retirement account that is earning 5% interest, compounded semiannually.If the account now contains $149,500, how much will
Be available at retirement?
A)$298,576.01
B)$298,576.35
C)$343,247.41
D)$298,476.01
E)$299,476.13

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 5% interest, compounded semiannually.If the account now contains $149,500, how much will
Be available at retirement?
A)$298,576.01
B)$298,576.35
C)$343,247.41
D)$298,476.01
E)$299,476.13

When Jim Retires in 14 Years, He Expects to Live