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What present value P amounts to $290,000 if it is invested at 7%, compounded semiannually, for 20 years? (Round your answer to the nearest
What present value P amounts to $290,000 if it is invested at 7%, compounded semiannually, for 20 years? (Round your answer to the nearest cent.) P = $ Submit Answer
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
