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What she will have to put in the bank today so that she will have $25,000 six years from now? Her bank pays 5% compounded semiannually.

What she will have to put in the bank today so that she will have $25,000 six years from now? Her bank pays 5% compounded semiannually.
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What she will have to put in the bank today so that she will have $25,000 six years from now? Her bank pays 5% compounded semiannually.

User Yumetodo
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1 Answer

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from this formula principal can be calculated.
What she will have to put in the bank today so that she will have $25,000 six years-example-1
User Smichel
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