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An investment company pays 4% compounded semiannually. You want to have $15,000 in the future. (A) How much should you deposit now to have
An investment company pays 4% compounded semiannually. You want to have $15,000 in the future. (A) How much should you deposit now to have that amount 5 years from now? (Round to the nearest cent.) (B) How much should you deposit now to have that amount 10 years from now? $ (Round to the nearest cent.)
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Linear Algebra with Applications
Authors: Steven J. Leon
7th edition
131857851, 978-0131857858
