Mary wants to have $22,500 available for use in five years. How much should Mary invest now

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Mary wants to have $22,500 available for use in five years. How much should Mary invest now (closest to) in order to have the $22,500 available in five years if she can invest money at 15%?

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: Jan 04, 2021 03:10 AM

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Mary wants to have $22,500 available for use in five years. How much should Mary invest now

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Intermediate Accounting

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