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Joseph Harris is considering an investment that pays 6.5 percent annually. How much must he invest today such that he will have $25,000 in seven
Joseph Harris is considering an investment that pays 6.5 percent annually. How much must he invest today such that he will have $25,000 in seven years?
a.$17,474 |
| b.$18,850 |
| c.$16,625 |
| d.$16,088 |
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