Two partners agree to invest equal amounts in their business. One will contribute $10,000 immediately....
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Finance
Two partners agree to invest equal amounts in their business. One will contribute $10,000 immediately. The other plans to contribute an equivalent amount in years. How much should she contribute at that time to match her partner's investment now, assuming an interest rate of 2% compounded semiannually? (Type an integer or decimal rounded to two decimal places as needed)
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