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5. Determine the amount that must be invested today to have $10,000 in 8 years. The money is be invested at 6.4%, compounded semi-annually. Use

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5. Determine the amount that must be invested today to have $10,000 in 8 years. The money is be invested at 6.4%, compounded semi-annually. Use the present value formula, PV = FV(1+1)-" /3

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