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Multistep question need help with both. You have an investment that will mature in 20 months with the value of $2700. You need some quick
Multistep question need help with both.
You have an investment that will mature in 20 months with the value of $2700. You need some quick cash and decide to sell it today at a discount rate of 10% compounded quarterly. What is the cash value? O A. 2290.19 O B.2035.72 OC.2120.55 OD. 2205.37 In how many years will money triple at 6% compounded yearly? O A 14.3 years B. 12.5 years C. 18.9 years D.9.01 yearsStep by Step Solution
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