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5) Southwest Dry Cleaners believes that it will need new equipment in 9 years. The equipment will cost $26,000. What lump sum should be invested

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5) Southwest Dry Cleaners believes that it will need new equipment in 9 years. The equipment will cost $26,000. What lump sum should be invested today at 8% compounded semiannually, to yield $26,000? A) $ 18,172.05 B) $ 21,521.24 C) $ 12,834.33 D) $ 18,353.77 Solve the follow

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