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warrenrulez warrenrulez
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7 months ago

Art Newner wants to know how much he will have to invest today in order to receive an annuity of $8,000 for three years if interest is earned at 10% annually. He will make all his withdrawals at the end of each year. How much should Art invest?

Note: Round your answer to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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davisdiamonddavisdiamond
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7 months ago
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warrenrulez Author
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7 months ago
Thanks for your help!!
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Brilliant ツ
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