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Question 2 of 6 -/1 = View Policies Current Attempt in Progress Edward Bautista needs $24.000 in 5 years. Click here to view factor tables
Question 2 of 6 -/1 = View Policies Current Attempt in Progress Edward Bautista needs $24.000 in 5 years. Click here to view factor tables What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest if his investment earns 12% annual interest compounded quarterly? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to o decimal places, e.g. 458,581.) Investment at 12% annual interest $ Investment at 12% annual Interest, compounded quarterly $ eTextbook and Media Save for Later Attempts: 0 of 2 used Submit
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