Essay
Use the tables to determine the answers to the following:
(1)How much must be invested now for 5 periods at 6% to amount to $15,000?
(2)How much is $3,000 invested now at 8% in 8 periods worth?
(3)How much is $25,000 compounded quarterly at 12% for 4 years?
Correct Answer:
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(1)$11,208...View Answer
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Correct Answer:
Verified
View Answer
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