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Suppose you wish to have $15,250 in 18 years. Use the present value formula to find how much you should invest now at 6% interest,
Suppose you wish to have $15,250 in 18 years. Use the present value formula to find how much you should invest now at 6% interest, compounded annually in order to have $15,250, 18 years from now.
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
12th Edition
0324100949, 978-0324100945
