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Use the following information to answer the questions (17)(20). We want to invest now to have a future desired accumulated amount. The desired accumulated amount
Use the following information to answer the questions (17)(20). We want to invest now to have a future desired accumulated amount. The desired accumulated amount is $6,800 after 7 years invested in an account with 8% interest compounded annually. 7. (2 points) (a) A=6,800 (c) FV=6,800 (e) PMT=6,800 (b) P=6,800 (d) PV=6,800
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