thundering65 thundering65
  • 15-02-2024
  • Mathematics
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Two partners agree to invest equal amounts in their business. One will contribute​ $10,000 immediately. The other plans to contribute an equivalent amount in 4 years. How much should she contribute at that time to match her​ partner's investment​ now, assuming an interest rate of 3​% compounded semiannually​?

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