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19-11-2016
Mathematics

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How much money should be invested now (rounded to the nearest cent), called the initial investment, in a Treasury Bond investment that yields 5.75% per year, compounded quarterly for 6 years, if you wish it to be worth $12,000 after 6 years?

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englishquestions englishquestions

19-11-2016

8519.54 should be the right answer

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