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You have a goal of having $140,000 three years from today. The return on the investment is expected to be 12% and will be compounded
You have a goal of having $140,000 three years from today. The return on the investment is expected to be 12% and will be compounded semi-annually. The amount that needs to be invested today is closest to: (FV of $1, PV of $1, FVA of $1, and PVA of $1) Multiple Choice $98,694. $93,333. $70,000. s70,. $99,394
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