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What must she invest today

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Question - Kelly Kuhn wants to purchase a new car for her son in five years. She estimates that the truck will cost $30,000 after all rebates. Assuming she invests at 8% compounded semi-annually for five years, what must she invest today?

Reference no: EM133165623

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What must she invest today : Kelly Kuhn wants to purchase a new car for her son in five years. Assuming she invests at 8% compounded semi-annually for five years, what must she invest today
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