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aswizzlebizzle aswizzlebizzle
wrote...
Posts: 369
5 years ago
You have discovered an investment opportunity that earns a(n) 8% rate of interest compounded quarterly. Which of the following amounts is most nearly equal to the amount you should deposit today to have $5000 in five years? (Do not round any intermediary calculations, and round your final answer to the nearest dollar.)
A) $3000
B) $3403
C) $3378
D) $3365
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
Read 44 times
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wrote...
5 years ago
 D
wrote...
5 years ago
Exactly what I needed for my quiz Smiling Face with Open Mouth
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