To achieve exactly a 13% rate of return, how much would need to be invested today in

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To achieve exactly a 13% rate of return, how much would need to be invested today in an investment which returns $12,000 at the end of 3 years and $10,000 at the end of 5 years? (Round to the nearest whole number)

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Posted Date: Jan 08, 2021 12:57 PM

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To achieve exactly a 13% rate of return, how much would need to be invested today in

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interest rate 13 12000 at ... View the full answer

Personal Finance

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