Use the present value formula to determine the amount to be invested now, or the present...
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Use the present value formula to determine the amount to be invested now, or the present value needed. The desired accumulated amount is $75,000 after 13 years invested in an account with 6% interest compounded semiannually. ... The amount to be invested now, or the present value needed, is $ (Round to the nearest cent as needed.) Use the present value formula to determine the amount to be invested now, or the present value needed. The desired accumulated amount is $75,000 after 13 years invested in an account with 6% interest compounded semiannually. ... The amount to be invested now, or the present value needed, is $ (Round to the nearest cent as needed.)
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Related Book For
A Survey Of Mathematics With Applications
ISBN: 9780135740460
11th Edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
Posted Date:
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