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A saving account earns a discount rate d ( 1 2 ) = 9 % . Smith needs to accumulate $ 8 0 0 one
A saving account earns a discount rate d
Smith needs to accumulate $ one year
from now. How much does Smith need to deposit now?
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
