Tony Bautista needs $25,000 in 4 years. What amount must he invest today if his investment earns
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Tony Bautista needs $25,000 in 4 years. What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest if his investment earns 12% annual interest compounded quarterly?
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12 annual interest n 4 PV 25000 PVF 4 12 PV 25000 63552 PV 1588...View the full answer
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