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Rose needs to have $16,000 in 3 years. Her bank offers anaccount at a 5% annual rate compounding semiannually. How muchwould she need to deposit
Rose needs to have $16,000 in 3 years. Her bank offers anaccount at a 5% annual rate compounding semiannually. How muchwould she need to deposit to reach her goal? Enter your answer indollars and c Rose needs to have \( \$ 16,000 \) in 3 years. Her bank offers an account at a \( 5 \% \) annual rate compounding semiannually. How much would she need to deposit to reach her goal? Enter your answer 2 answers
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
10th edition
978-1337902571, 1337902578, 978-1337911054, 1337911054, 978-0324272055
