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ercises - Finance Progress saved Done re: 6 2 0 , 7 1 8 answered Question 6 0 1 p t How much should be

ercises

-

Finance

Progress saved

Done

re:

\frac{6}{20}, \frac{7}{18}

answered

Question

6

\frac{0}{1} p t

How much should be invested now at

5.5 %

interest compounded monthly to have $

47, 000

10

years?

Feel free to use the Online Basic Financial Calculator

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