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8a 8b Brianna wants to have $15,500 in 15 years. Use the present value formula to calculate how much Brianna should invest now at 10%
8a8b
Brianna wants to have $15,500 in 15 years. Use the present value formula to calculate how much Brianna should invest now at 10% interest, compounded annually in order to achieve her goal. You invest $4,500 at 10% interest, compounded quarterly, for 1 year. Manually calculate the compound interestStep by Step Solution
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