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Kimberly Young anticipates needing $500,000 to start a business. If she can earn 6.5 percent compounded annually on her investments, how much money would
Kimberly Young anticipates needing $500,000 to start a business. If she can earn 6.5 percent compounded annually on her investments, how much money would Kimberly have to invest today to have $500,000 in 3 years? (Do not round intermediate calculations and round your final answer to the nearest penny.) Amount to be invested today Save for Later Attempts: 0 of 1 used Submit Answer
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel Short
8th edition
78025559, 978-0078025556
