[Solved] An investment company pays 7 % compounded

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An investment company pays 7 % compounded semiannually. You want to have $18,000 in the future. (A) How much should you deposit now to have

An investment company pays 7% compounded semiannually. You want to have $18,000 in the future.

(A) How much should you deposit now to have that amount 5 years fromnow?

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