A company will need $55,000 in 5 years for a now addition. To meet this goal,...
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A company will need $55,000 in 5 years for a now addition. To meet this goal, the company deposits money in an nocount today that pays 8% annual interest compounded quarterty. Find the amount that should be invested to total $55,000 in 5 years. The company should invest $. (Da not round until the final answer. Then round to the nearest dollar as needed.) A company will need $55,000 in 5 years for a now addition. To meet this goal, the company deposits money in an nocount today that pays 8% annual interest compounded quarterty. Find the amount that should be invested to total $55,000 in 5 years. The company should invest $. (Da not round until the final answer. Then round to the nearest dollar as needed.)
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