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Business, 03.03.2020 05:06 Cookie320

Stacy Monroe wants to create a fund today that will enable her to withdraw $35,000 per year for 6 years, with the first withdrawal to take place 4 years from today. Click here to view factor tables If the fund earns 15% interest, how much must Stacy invest today? (Round factor values to 5 decimal places, e. g. 1.25124 and final answers to 0 decimal places, e. g. 458,581.)

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Stacy Monroe wants to create a fund today that will enable her to withdraw $35,000 per year for 6 ye...

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