Calculate the investment required, at the beginning of each year, to generate $100,000 at the...
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Finance
Calculate the investment required, at the beginning of each year, to generate $100,000 at the end of 10 years assuming an annual nominal return of 6.5% compounded annually.
a.
$7,410.47
b.
$6,106.48
c.
$6,503.40
d.
$6,958.19
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