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You wish to have $5000 in 10 year from now. How much do you meed to invest today at an annual interest rate of 3.5%(compounded
You wish to have $5000 in 10 year from now. How much do you meed to invest today at an annual interest rate of 3.5%(compounded monthly) in order to accomplish the financial goal? Round your answer to the nearest doller and omit the $ sign.
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Macroeconomics Principles and Applications
Authors: Robert e. hall, marc Lieberman
5th edition
