teve Bautista needs $ 22,000 in 3 years. What amount must he invest today if...
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teve Bautista needs $ 22,000 in 3 years. What amount must he invest today if his investment earns 12% compounded annually? What amount must he invest if his investment earns 12% annual interest compounded quarterly? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)
| Investment at 12% annual interest | $ enter a dollar amount rounded to 0 decimal places | |
|---|---|---|
| Investment at 12% annual interest, compounded quarterly |
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