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An investment company pays 9% compounded semiannually. You want to have $17,000 in the future. A. How much did you deposit now to have that
An investment company pays 9% compounded semiannually. You want to have $17,000 in the future.
A. How much did you deposit now to have that amount five years from now? Rounded to the nearest cent$___________
B. How much did you deposit now to have that amount 10 years from now? Rounded to the nearest cent $__________
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
12th Edition
0030258723, 9780030258725
