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(For questions 12-15). How much would you have to invest today to receive 12. $25,000 in 8 years at 9 percent compounded semiannually 13. $35,000

(For questions 12-15). How much would you have to invest today to receive

12. $25,000 in 8 years at 9 percent compounded semiannually

13. $35,000 in 12 years at 10 percent compounded quarterly

14. $45,000 in 13 years at 11 percent compounded monthly

15. $55,000 in 15 years at 12 percent compounded daily

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