jTracey3698 jTracey3698
  • 06-02-2024
  • Business
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You wish to have $5,000 at the end of 15 years. How much do you need to invest today, if you can earn 12%, compounded annually, on your investment?

A) $1,250
B) $2,500
C) $3,750
D) $4,500

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