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Suppose you want to know how much to invest now to have $10,000 in 20 years at 10% interest. Which calculation below will give you
Suppose you want to know how much to invest now to have $10,000 in 20 years at 10% interest. Which calculation below will give you the correct answer.
Group of answer choices
a 10,000 (F/P, 10%, 20)
b None of these responses
c 10,000 (P/A, 10%, 20)
d 10,000 (P/F, 10%, 1)
e 10,000 (P/G, 10%, 20)
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