SOLUTION: An investment company pays 8% compounded semiannually. You want to have $22000 in the future.
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Question 1148660: An investment company pays 8% compounded semiannually. You want to have $22000 in the future.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
If you want $22,000 in 10 yrs,
If you invest $10,041.08 now, you will have $22,000
in ten years
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