Solution-Calculate how much he should invest

Calculate how much he should invest

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Reference no: EM131131189

Felipe wants to have $15,200 in 10 years. Use the present value formula to calculate how much he should invest now at 16% interest, compounded quarterly in order to reach his goal.

Reference no: EM131131189

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Calculate how much he should invest : Felipe wants to have $15,200 in 10 years. Use the present value formula to calculate how much he should invest now at 16% interest, compounded quarterly in order to reach his goal.

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Calculate how much he should invest

Reference no: EM131131189

Reference no: EM131131189

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