Southwest Dry Cleaners believes that it will need new equipment in 6 years. The equipment will cost

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Southwest Dry Cleaners believes that it will need new equipment in 6 years. The equipment will cost $26,000. What lump sum should be invested today at 2% compounded semiannually, to yield $26,000? Round to the nearest cent.

Posted Date: Jun 04, 2024 03:01 AM

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Southwest Dry Cleaners believes that it will need new equipment in 6 years. The equipment will cost

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