7. How large a lump-sum investment do you need now to have $20,000 available in 5 years,...
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7. How large a lump-sum investment do you need now to have $20,000 available in 5 years, assuming a 10 percent annual rate of return?
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Usman Nasir
I did Master of Commerce in year 2009 and completed ACCA (Association of Chartered Certified Accountants) in year 2013. I have 10 years of practical experience inclusive of teaching and industry. Currently i am working in a multinational company as finance manager and serving as part time teacher in a university. I have been doing tutoring via many sites. I am very strong at solving numerical / theoretical scenario-based questions.
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