An investment will pay $17234 in 14 years. If the interest rateis 12.28%, how much is it

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An investment will pay $17234 in 14 years. If the interest rateis 12.28%, how much is it worth today? (Round to 2 decimalplaces.)Please show the proper formula used for this problem. Pleaseexplain 1 answer

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Linear Algebra And Its Applications

ISBN: 9781292351216

6th Global Edition

Authors: David Lay, Steven Lay, Judi McDonald

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Posted Date: Jan 29, 2024 11:12 AM

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An investment will pay $17234 in 14 years. If the interest rateis 12.28%, how much is it

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Linear Algebra And Its Applications

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