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At an interest rate of 6%, how much will need to be invested today to have $10,000 in 5 years?

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At an interest rate of 6%, how much will need to be invested today to have $10,000 in 5 years?

At an interest rate of 6%, how much will need to be invested today to have $10,000 in 5 years?
A) $5,000
B) $7,473
C) $10,000
D) $13,382

Textbook

Money, Banking, and the Financial System

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

Read 70 times

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