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You wish to have $5,000 at the end of 15 years. How much do you need to invest today, if you can earn 12%, compounded
You wish to have $5,000 at the end of 15 years. How much do you need to invest today, if you can earn 12%, compounded annually, on your investment?
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$333.33
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$913.48
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$4,464.29
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$26,751.25
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