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What amount.

What amount. In dollars, Invested for one year at an interest rate of 2 percent compounded semiannually would produce the same final balance at the end of the year as $10,000 Invested for one year at an interest rate of 4 percent compounded quarterly?

A.

$10,000

B.

$10,201

C.

$10,500

D.

$10,801

E.

$20,000

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