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You need to have $33.750 in 5 years. You can earn an annual interest rate of 6 percent for the first 3 years, and 6.5
You need to have $33.750 in 5 years. You can earn an annual interest rate of 6 percent for the first 3 years, and 6.5 percent for the next 2 years. How much do you have to deposit today? Multiple Choice O $20,470.05 $24,518.15 $25,219.96 O $20,470.05 () O $24,518.15 O $25,219.96 O $24,936.86 ( O $19,612.73
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Money And Banking
Authors: Robert E. Wright, Vincenzo Quadrini
1st Edition
0982043082, 9780982043080
