Megan Gaumer expects to need $50,000 for a down payment on a house in six years. How

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Megan Gaumer expects to need $50,000 for a down payment on a house in six years. How much does she need to invest today in an account paying 7.25 percent in order to have $50,000 in six years?

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Fundamentals of Corporate Finance

ISBN: 978-1118845899

3rd edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Oct 19, 2016 10:13 AM

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Megan Gaumer expects to need $50,000 for a down payment on a house in six years. How

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Fundamentals of Corporate Finance

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