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must use excel Nike is all about the environment. They took a pledge this year (2020) to donate $10,000,000 by 2025 to organizations that protect
must use excel
Nike is all about the environment. They took a pledge this year (2020) to donate $10,000,000 by 2025 to organizations that protect the environment and wildlife. In order to reach this goal, Nike has given you a call to ask how much they should deposit in an account that returns 6.7% to meet their goal. They plan to give the 10 million as a lump sum on Jan 1, 2025 to different organizations. How much money should Nike invest today (assume it is January 2020 now)? $7,230,659 O $5,150,513 O $2,410,220 O $3,333,333 O 7126244Step by Step Solution
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