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valentina_108 [34]

4 years ago

14

How much money should be invested now (rounded to the nearest cent), called the initial investment, in a Treasury Bond investmen

t that yields 5.75% per year, compounded quarterly for 6 years, if you wish it to be worth $12,000 after 6 years?

1 answer:

Gre4nikov [31]4 years ago

6 0

8519.54 should be the right answer

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