Question: Save Answer Question 2 2 points An labor received a reward of $11,000 that he will invest now. He desires to compute the equivalent value

 Save Answer Question 2 2 points "An labor received a reward

Save Answer Question 2 2 points "An labor received a reward of $11,000 that he will invest now. He desires to compute the equivalent value after 22 years, when he plans to usage all the saving amount as the down payment on a home. Assume a nominal interest rate of 12% per year for each of the 22 years. Find the amount he can pay down." 59802 O 133103 73245 89543 109269 161852

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