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3. Lucy Brown wants to give her daughter $35,000 to start her own business in 10 years. How much should she invest today at an
3. Lucy Brown wants to give her daughter $35,000 to start her own business in 10 years. How much should she invest today at an annual interest rate of 9% to have $35,000 in 10 years?
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
