Mme barefield wishes to have 150000 at the end of 8 years

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Reference no: EM13484302

Mme. Barefield wishes to have $150,000 at the end of 8 years. How much must she invest today to accomplish this purpose if the interest rate is

a. 6% per year?

b. 8% per year?

Reference no: EM13484302

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