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Nancy Billows promised to pay her son $600 quarterly for four years. If Nancy can invest her money ...

agoldberg2011

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Nancy Billows promised to pay her son $600 quarterly for four years. If Nancy can invest her money ...

Nancy Billows promised to pay her son $600 quarterly for four years. If Nancy can invest her money at 6% in an ordinary annuity, she must invest how much today?

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$10,759.38

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$10,759.83

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$8,478.76

▸

$8,605.94

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

Read 31 times

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Kmc14

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More solutions for this book are available here

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agoldberg2011 Author

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5 months ago

Smart ... Thanks!

DAGINC

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this is exactly what I needed

smdavis

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Brilliant ツ

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