Find the amount that should be set aside today to yield the desired future amount. The present
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Future amount needed I, $20,000 . $9,800 Future amount needed 5 EXCEL 2. $8,000 12 EXCEL 4. $14.700 Investment time (years) Interest rate 4% 2% Interest rate Investment time (years) Compounding semiannually semiannually Compounding quarterly annually 3% 20
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1 Number of periods 52 10 periods Period rate 4 2 2 Table value 082035 Present value 2...View the full answer
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Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
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