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Patricia wants to invest a sum of money today that will yield $19,000 at the end of 6 years. Assuming she can earn an interest
Patricia wants to invest a sum of money today that will yield $19,000 at the end of 6 years. Assuming she can earn an interest rate of 6% compounded annually, how much must she invest today? (py of $1. Ey $1. PVA of S1, and EVA of S1) (Use appropriate factor(s) from the tables provided) Multiple Choice 515,781 $11,400 $16,731 $13,395 $17,860
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