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1A)) A company wants to have $20,000 at the end of a ten-year period by investing a single sum now. How much needs to be
1A)) A company wants to have $20,000 at the end of a ten-year period by investing a single sum now. How much needs to be invested in order to have the desired sum in ten years, if the money can be invested at 12%? (Ignore income taxes.) Multiple Choice $7,720 A $3,539.82 B $3,254.68 C $6,440 D
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