Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Mr. and Mrs. Davis needs to have $100,000 to start their own catering business in 15 years. They expect to earn 7% annually on their investment. What amount do they need to have today so that they can reach their financial goal of having $100,000 in 15 years?
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