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Mathematics, 15.07.2020 01:01 brien301

How much money should be invested now (rounded to the nearest cent), called the initial investment, in a Treasury Bond investment that yields 5.75% per year, compounded monthly for 7 years, if you wish it to be worth $12,000 after 7 years?

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How much money should be invested now (rounded to the nearest cent), called the initial investment,...

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