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OpenStudy (anonymous):
Tabby Soft believes that it will need new equipment in 5 years. The equipment will cost $26,000. What lump sum should be invested today at 6%, compounded semiannually, to yield $26,000?
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OpenStudy (anonymous):
19,346.44
OpenStudy (anonymous):
a. $ 17,189.06 c. $ 21,091.71 b. $ 23,243.29 d. $ 21,249.90
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