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QUESTION
Using the PVF how much money will I need to invest in now in order to end up with $50000 in 12 years with an interest rate of 7%.
Using the PVF how much money will I need to invest in now in order to end up with $50000 in 12 years with an interest rate of 7%. Please provide the formulas with answers so I that I can see how you got to the end result
