Marco needs $175,000 six years from today. How much should Marco deposit today into an investment...
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Marco needs $175,000 six years from today. How much should Marco deposit today into an investment account that provides a 10% annual return in order to accomplish his goals? $88,660 $98,487 O $89,523 O $98,783 Marco needs $175,000 six years from today. How much should Marco deposit today into an investment account that provides a 10% annual return in order to accomplish his goals? $88,660 $98,487 O $89,523 O $98,783
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The amount required to be Invested today is the present value of 175000 di... View the full answer
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324664553
Concise 6th Edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date:
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