What amount must be invested to receive $ 4 7 0 0 0 for 1 7 years,

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Question:

What amount must be invested to receive $

47000

for

17

years, if the first $

47000

is received today and the rate is

10 % ? Calculate.

Related Book For answer-question

Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Posted Date: Jan 22, 2024 03:10 AM

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What amount must be invested to receive $ 4 7 0 0 0 for 1 7 years,

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The question seems to be asking for the initial investment necessary to receive an amount of 47000 o... View the full answer

Business Mathematics In Canada

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