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Please use excel formula to calculate the Investment Today. Suppose you want to buy a new car. How much do you have to invest today

Please use excel formula to calculate the Investment Today.

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Suppose you want to buy a new car. How much do you have to invest today in order to buy the car in the future? The price of the car is $30,000. you want to buy the car in 3 years. The interest rate is 5% each year. How much money you need to save today? price of car: number of years interest rate $30,000 3 5% investment today

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