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Septeos Septeos
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6 months ago

Lisa Schermer wants to receive $5,000 a year for 12 years. How much must she invest today at 12% interest compounded annually?

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
Author:
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elbrundoelbrundo
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6 months ago
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Septeos Author
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6 months ago
Helped a lot
Ctownsend
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Yesterday
Thanks
dianeflunder
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2 hours ago
You make an excellent tutor!
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