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formula please John Hsu wants to start a business in 10 years. He hopes to have $100,000 at that time to invest in the business.
formula please
John Hsu wants to start a business in 10 years. He hopes to have $100,000 at that time to invest in the business. To reach his goal, he plans to invest a certain amount today in a bank CD that will pay him 9.50 percent compounded weekly. How much will he have to invest today to achieve his target? $10,000.00$40,351.42$38,707.64$138,707.64$38,707.63 Step by Step Solution
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