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How much money must be deposited today in a fund paying 8% compounded annually in order to accumulate $50,000 in 20 years? a. $9,874 b.
How much money must be deposited today in a fund paying 8% compounded annually in order to accumulate $50,000 in 20 years?
| a. | $9,874 | |
| b. | $10,725 | |
| c. | $11,987 | |
| d. | $12,065 |
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A Course In Derivative Securities
Authors: Kerry Back
2005th Edition
3540253734, 978-3540253730
