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A Company Needs to Have $200,000 in 4 Years,and Will

question 11

Short Answer

A company needs to have $200,000 in 4 years,and will create a fund to insure that the $200,000
will be available.If they can earn a 7% return,how much must the company invest in the fund today
to equal the $200,000 at the end of 4 years?


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