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How much does shaikha need to invest today

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Reference no: EM133172306

Question - Shaikha Plans to buy a car on 5 years. the cost of the car in 5 years will be AED 150,000 if shaikha is to invest an amount with zaid investment which will be compounded continuously at discount rate 15%, how much does Shaikha need to invest today? Write out any formula used and provide step by step calculation.

Reference no: EM133172306

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