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Roberta Becker wants to start her own business in 5 years and estimates that she will need $35,000 (future value) to do so. A) What
Roberta Becker wants to start her own business in 5 years and estimates that she will need $35,000 (future value) to do so. A) What lump sum amount (present value) should be invested today at 6 % compounded annually to produce the needed future amount? B) How much interest will be earned?
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