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Alex needs $2000 in 9 years. If his investment earns 6% compounded annually , how much must he invest today ? A. $ 1,283.6 B.
Alex needs $2000 in 9 years. If his investment earns 6% compounded annually , how much must he invest today ? A. $ 1,283.6 B. $ 1,183.7 C. $ 1,477.9 D. $1,326.9
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
14th edition
007745443X, 978-0073530727, 73530727, 978-0077454432
