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If you are promised to have 52,500$ in 12 years, how much are you willing...

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Finance

If you are promised to have 52,500$ in 12 years, how much are you willing to invest right now? (market interest rate = 8.40%)

Select one:

a.21,258

b.25,150

c.19,944

d.15,100

Answer & Explanation Solved by verified expert
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