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show work please 9. If your client's objective is to have $10,000 in four years, how much should he invest today in a product
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show work please
9. If your client's objective is to have $10,000 in four years, how much should he invest today in a product earning 5.5% compounded annually? 11. Your client has a choice of either receiving $5000 two years from now or receiving a lump payment today. If your client can earn 5.4% compounded semiannually, what amount received today is equivalent to $5000 in two years? *Please show work*Step by Step Solution
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