How much should pay for the investment today

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Problem 1: An investment will pay you $10,000 6 years from today. You wish to each 7% compounded annually. How much should you pay for the investment today?

a) $6,617.83

b) $6,611.18

c) $6,650.57

d) $6,663.42

e) None of the above

Reference no: EM132623394

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