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serg [7]
3 years ago
5

If the present value of an item is P

Mathematics
1 answer:
Sergeeva-Olga [200]3 years ago
7 0

Answer:

  $85,837.41

Step-by-step explanation:

The future value will be ...

  P(1 +r)^t

  $20,000(1 +.06)^25 ≈ $85,837.41

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