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    Introduction to Corporate Finance
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    Exam 2: The Time Value of Money
  5. Question
    How Much Do You Have to Invest Today at an Annual
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How Much Do You Have to Invest Today at an Annual

Question 21

Question 21

Multiple Choice

How much do you have to invest today at an annual rate of 8%, if you need to have $5,000 six years from today?


A) $3,150.85
B) $4,236.75
C) $7,934.37
D) $2,938.48

Correct Answer:

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