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Mathematics, 22.07.2020 03:01 arigar
Use the present value formula to determine the amount to be invested now, or the present value needed.
The desired accumulated amount is $140,000 after 2 years invested in an account with 8% interest compounded quarterly.
The amount to be invested now, or the present value needed, is $
(Round to the nearest cent as needed.)
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Answers: 3
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Use the present value formula to determine the amount to be invested now, or the present value neede...
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