You will require $700 in 5 years. If you earn 5% interest on your funds, how much

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You will require $700 in 5 years. If you earn 5% interest on your funds, how much will you need to invest today in order to reach your savings goal?

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Fundamentals of Corporate Finance

ISBN: 978-1259722615

9th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Jun 24, 2017 08:56 AM

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You will require $700 in 5 years. If you earn 5% interest on your funds, how much

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Fundamentals of Corporate Finance

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