9 . Your grandmother invested a lump sum for you 2 0 years ago earning an average

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Question:

9 .

Your grandmother invested a lump sum for you

20

years ago earning an average of

5.75 %

per year over that time. Today, shegave you the proceeds of that investment which is now worth $

79, 539 .

How much did she originally invest?

Posted Date: May 19, 2024 12:17 AM

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9 . Your grandmother invested a lump sum for you 2 0 years ago earning an average

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