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B only B- Assume that you need $5,000 in 2 years. Determine how much you need to deposit today at a discount rate of 7%
B only
B- Assume that you need $5,000 in 2 years. Determine how much you need to deposit today at a discount rate of 7% compounded annually. C- John and Mary are trying to build a nest egg to use in the future. They would like to know how much they need to set aside in a single lump sum today to be equivalent to investing $8,000 each year starting today to Step by Step Solution
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