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winter is coming inc., would like to have $900,000 six years from now for a construnction project. what amount should winter is coming inc. invest

winter is coming inc., would like to have $900,000 six years from now for a construnction project. what amount should winter is coming inc. invest today in order to have this amount in six years, assuming an 8% rate of return
WHAT ARE YOU TRYING TO FIND IN THE ABOVE PROBLEM?

a. the present value of a single amount

b. the future value of an annuity

c. the future value of a single amount

d. the present value of an annuity

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