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Please provide answer and how to solve it by hand and by BA II Plus calculator method. How much would you need to invest today
Please provide answer and how to solve it by hand and by BA II Plus calculator method.
How much would you need to invest today as a lump sum at 10.5 percent, compounded continuously, to have $200,000 in five years?
A) $108,206.67
B) $118,311.07
C) $124,318.08
D) $114,407.17
E) $131,008.15
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