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Author Question: Using the Time Value of Money charts provided, answer the following question(s). (Note to ... (Read 73 times)

DyllonKazuo

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on: Apr 12, 2019

Using the Time Value of Money charts provided, answer the following question(s).


(Note to Instructors: Provide the appropriate tables to students from Personal Finance, Sixth Edition, Appendix C: Financial Tables.)





If Jim wants $25,000 in five years and can earn an 8% interest rate, how much does he need to invest today? (Note—Solve as a present value problem.)


◦ $16,108
◦ $17,025
◦ $15,158
◦ $17,829
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by DyllonKazuo on Apr 12, 2019

lou

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Reply #1 on: Apr 12, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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DyllonKazuo

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Reply #2 on: Apr 12, 2019
Excellent


lou

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Reply #3 on: Apr 12, 2019
Great! Please up vote :D


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