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Home / Questions / Mike Gordon wishes to have $80000 in five years If he can earn annual interest of 2% how m...

Mike Gordon wishes to have $80000 in five years If he can earn annual interest of 2% how much must he invest today

Mike Gordon wishes to have $80,000 in five years. If he can earn annual interest of 2%, how much must he invest today?

a. $42,170

b. $72,480

c. $76,080

d. $88,320

Apr 21 2020 View more View Less

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