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Using the Present Value Table, Calculate How Much Should Be

Question 15

Multiple Choice

Using the present value table, calculate how much should be invested today to have $11,200 in 6 years at 8% interest compounded quarterly. Using the present value table, calculate how much should be invested today to have $11,200 in 6 years at 8% interest compounded quarterly. A) 49,230.10 B) $6,963.28 C) $5,376.00 D) $2,766.16
Using the present value table, calculate how much should be invested today to have $11,200 in 6 years at 8% interest compounded quarterly. A) 49,230.10 B) $6,963.28 C) $5,376.00 D) $2,766.16


A) 49,230.10
B) $6,963.28
C) $5,376.00
D) $2,766.16

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