Question
Becky Sayers wants to buy a house in five years. She hopes to be able to make a down payment of $25,000 at that time.
Becky Sayers wants to buy a house in five years. She hopes to be able to make a down payment of $25,000 at that time.
If the bank CD she wants to invest in will pay 5.0 percent annually, how much will she have to invest today? (Do not include the $ sign, and round to the nearest cents, e.g., 62,344.15.)
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The Handbook Of Sentiment Analysis In Finance
Authors: Gautam Mitra, Xiang Yu
1st Edition
1910571571, 978-1910571576
