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An investment will pay you $18,500 in 16 years. The stated interest rate is 12% (APR). If interest is compounded monthly, what is the present
An investment will pay you $18,500 in 16 years. The stated interest rate is 12% (APR). If interest is compounded monthly, what is the present value? If the real interest rate is 8.7% and the inflation...
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