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Business, 26.02.2020 19:33 IrieBoy479

Robert Kelly wants to start a business in 10 years. He hopes to have $100,000 at that time to invest in the business. To reach his goal, he plans to invest a certain amount today in a bank CD that will pay him 9.50 percent annually. How much will he have to invest today to achieve his target? (Round to the nearest dollar.)

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Robert Kelly wants to start a business in 10 years. He hopes to have $100,000 at that time to invest...
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