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Question 9 1 pts Leroy Diaz plans to invest some money today so that he will receive $8,500 in six years. If the investment he
Question 9 1 pts Leroy Diaz plans to invest some money today so that he will receive $8,500 in six years. If the investment he is considering will pay 4.25 percent compounded daily, how much will he have to invest today? $7,143 $6,199 $6,587 $7,722 Question 11 1 pts Patrick Smith has $6,500 to invest in a small business venture. His partner has promised to pay him back $8,300 in five years. What is the return earned on this investment? 8.6% 5.0% 5.3% 4.1%
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