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You currently have $8,100 (Present Value) in an account that has an interest rate of 4% per year compounded quarterly (4 times per year). You
You currently have $8,100 (Present Value) in an account that has an interest rate of 4% per year compounded quarterly (4 times per year). You want to withdraw all your money when it reaches $12,960 (Future Value). In how many years will you be able to withdraw all your money
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
3rd Edition
0324232624, 9780324232622
