Question: Use the present value formula to determine the amount to be invested now, or the present value needed. The desired accumulated amont is $4,000 after
Use the present value formula to determine the amount to be invested now, or the present value needed. The desired accumulated amont is $4,000 after 12 years invested in an account with 4% interest compounded semiannually O A. $2,498.39 O B. $1,513.11 O c. $6,433.75 OD. $2,486.89
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