The desired accumulated amount is $90,000 after 8 years invested in an account with 4% interest compounded

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The desired accumulated amount is $90,000 after 8 years invested in an account with 4% interest compounded semiannually.

In Exercise, use the present value formula to determine the amount to be invested now, or the present value needed.

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Related Book For  book-img-for-question

A Survey Of Mathematics With Applications

ISBN: 9780135740460

11th Edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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