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What amount must be invested for 51 monts at 5.65 % compunded semi anually to reach maturity value of $20,000? N? I/y = 5.65 pv?
What amount must be invested for 51 monts at 5.65 % compunded semi anually to reach maturity value of $20,000?
N?
I/y = 5.65
pv?
Pmt = 0
Fv?
Pv/CY
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