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On Dec 31, 2016, Alpha Company invested $10,000 in 2 yrs, certificate with 8% annual interest rate with semi-annual compounding.

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On Dec 31, 2016, Alpha Company invested $10,000 in 2 yrs, certificate with 8% annual interest rate with

semi-annual compounding. Use this information to determine the maturity value of the certificate on Dec 31, 2018? (Round your answers to the nearest whole dollar.)

 
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