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solina solina
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7 years ago
If you want to have $1,700 in seven years, how much money must you put in a savings account today? Assume that the savings account pays 6% and it is compounded quarterly (round to the nearest $10).
A) $1,120
B) $1,130
C) $1,110
D) $1,140
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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LutionalLutional
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7 years ago
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solina Author
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You make an excellent tutor!
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