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    Managerial Accounting Study Set 24
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    Exam 9: Using Accounting Information to Make Managerial Decisions
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    You Wish to Have $25,000 in Five Years
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You Wish to Have $25,000 in Five Years

Question 63

Question 63

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You wish to have $25,000 in five years.Using the tables, how much must you deposit today if you will earn 12% compounded annually on your investment?

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$25,000 × ...

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