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Ali dream is to own his own fishing boat to use in his retirement. He has recently come into an inheritance of $ 5 0
Ali dream is to own his own fishing boat to use in his retirement. He has recently come into an inheritance of $ He estimates that the boat he wants will cost $ when he retires in years. How much of his inheritance must he invest at an annual rate of compounded annually to buy the boat at retirement?
a
$
b
$
c
$
d
$
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