How much should be invested at 8 compounded semiannually in order to have 5000 at the end of 8 years

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Latest exam Aptitude Question SOLUTION: How much should be invested at 8% compounded semiannually in order to have $5000 at the end of 8 years A. $4215.27 B. $9364.91 C. $2669.54 D. $3048.78