Mathematics, 17.11.2020 06:30 MeIsBella
Use the present value formula to determine the amount to be invested now, or the present value needed.
The desired accumulated amount is $85,000 after 13 years invested in an account with 2% interest compounded semiannually.
The amount to be invested now, or the present value needed, is so
(Round to the nearest cent as needed.)
Answers: 2
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