Today you are going to put $45,000 into an investment. You expect to earn an APR (based

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Today you are going to put $45,000 into an investment. You expect to earn an APR (based on quarterly compounding) of 7.16%. How much will you have in the account in exactly 8 years? To nearest $0.01

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Cornerstones of Cost Management

ISBN: 978-1285751788

3rd edition

Authors: Don R. Hansen, Maryanne M. Mowen

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Posted Date: Jun 29, 2022 02:04 AM

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Today you are going to put $45,000 into an investment. You expect to earn an APR (based

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We use the formula A P1r44n where ... View the full answer

Cornerstones of Cost Management

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