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Determine the present value P you must invest to have the future value A at simple interest rate r after time t A $11,000,
Determine the present value P you must invest to have the future value A at simple interest rate r after time t A $11,000, r 6.5%, t = 7 years The present value that must be invested is $ (Round up to the nearest cent as needed.) RED
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
