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July 31, 2015

Homework Help: Math

Posted by Anonymous on Monday, November 28, 2011 at 8:32pm.

Art Newner wants to know how much he will have to invest today in order to receive an annuity of $8,000 for three years if interest is earned at 10 percent annually. He will make all his withdrawals at end of each year. How much should Art invest? (Using the Calculator)

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