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21. 22. 23. please show the steps to when you solve Q21 and Q23. You have discovered an investment opportunity that earns a 8% rate
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please show the steps to when you solve Q21 and Q23.
You have discovered an investment opportunity that earns a 8% rate of interest compounded quarterly. Which of the following amounts is most nearly equal to the amount you should deposit today to have $7,000 in five years? O A. $5,300 O B. $5,240 O C. $4,710 O D. $4,760Step by Step Solution
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