What amount would have to be invested today for the future value to be $10,000 after 20

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What amount would have to be invested today for the future value to be $10,000 after 20 years if the rate of return is:
a. 5% compounded quarterly?
b. 7% compounded quarterly?
c. 9% compounded quarterly?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:01 AM

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What amount would have to be invested today for the future value to be $10,000 after 20

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Business Mathematics In Canada

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