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If you are able to earn an 8% rate of return, what amount would you need to invest to have $2,000 one year from now?
If you are able to earn an 8% rate of return, what amount would you need to invest to have $2,000 one year from now? (Round to the nearest dollar.) 8%, 1 year annually Factor Present value of $10.926 Future value of $11.080 Present value of an annuity 0.926 Future value of an annuity 1.000 a. $2160 b. $1,852 c. $2000 d. $1,980 e. None of the options listed
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