You want to have $500,000 in 7 years to buy a property. You can deposit money in
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You want to have $500,000 in 7 years to buy a property. You can deposit money in a term deposit today that pays interest at 10% per year. How much money should you invest today? Select one: A. $256,579.06 B. $306,956.63 C. $391,763.08 D. $240,508.55r
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Answer PV FV 1r PV present value FV Future value 500000 r ra... View the full answer
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