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(1 point) Find the principal needed to get $700 in 6 years at 8% compounded monthly. Principal.= $ 266 Hint:
(1 point) Find the principal needed to get $700 in 6 years at 8% compounded monthly. Principal.= $ 266 Hint:
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
