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mbrisen3396
02.10.2019 •
Mathematics
What initial investment subject to annual compounding at 12 % is needed to produce $1, 000 after two years?
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Ответ:
$797.19
Step-by-step explanation:
We use the formula for Future Value of Money
FV=1,000
i=12%
n=2
So the initial investment has to be 797.19
Ответ:
Step-by-step explanation:
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