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QUESTION
Nez wants to have $15,000 in 2 years. Use the present value formula to calculate how much Inez should invest now at 6% interest, compounded quarterly in order to reach her goal.
Nez wants to have $15,000 in 2 years. Use the present value formula to calculate how much Inez should invest now at 6% interest, compounded quarterly in order to reach her goal.
