04/09/21
Bevan wants to make an investment today so that, after 8 years at 6% per year, compounded quarterly, he will have $5500. What is the present value he need to invest today to reach his goal?
Bevan wants to make an investment today so that, after 8 years at 6% per year, compounded quarterly, he will have $5500. What is the present value he need to invest today to reach his goal?
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