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A company needs to have $150,000 in 5 years, and will create a fund to insure that the $150,000 will be available. If it can earn a 6% return compounded annually, how much must the company invest in the fund today to equal the $150,000 at the end of 5 years?
Creek
Refers to a Native American people originally from the southeastern United States, also known as the Muscogee, or to a small flowing natural freshwater stream.
West African
Pertaining to the western region of the African continent, known for its diverse cultures, languages, and historical significance in the transatlantic slave trade.
Atlantic
Refers to the Atlantic Ocean, the second-largest of the world's oceans, lying between the Americas to the west and Europe and Africa to the east.
Pacifists
Individuals who believe in the avoidance of war or violence as a means of settling disputes and advocate for peaceful solutions.
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