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n 3) If you need to have 70000 TL at the end of five years to buy a car, how much should you invest today

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3) If you need to have 70000 TL at the end of five years to buy a car, how much should you invest today with an annual interest rate 13%? (25 points) Use the timeline and calculate. ?? Annuity Formulas: FV = PMT (1+i)" -1 PAP (Cin) [+ PMTC ["-37 Present Value = PMT (1+i)n

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