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Bella seeks to start her own business in 5 years. In order to have the required funding, she will need to accumulate an additional 200,000
Bella seeks to start her own business in 5 years. In order to have the required funding, she will need to accumulate an additional 200,000 in today's dollars. If you assume inflation will be 2% and can earn 8%annually after-tax, how much will she have to invest at the beginning of each year?
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