An investment company pays 8% compounded semiannually. You want to have $18,000 in the future....
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Accounting
An investment company pays 8% compounded semiannually. You want to have $18,000 in the future. (A) How much should you deposit now to have that amount in 5 years? (B) How much should you deposit now to have that amount in 10 years? (round to the nearest cent)
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