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valentina_108 [34]
3 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?
Mathematics
1 answer:
Gre4nikov [31]3 years ago
6 0
8519.54 should be the right answer
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