16. Use Table 11-2 to solve the problem. How much (in $) must be invested today at 6% compounded quarterly to have $7,000 in 3 years? $

EBK CFIN
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ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter9: Capital Budgeting Techniques
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16. Use Table 11-2 to solve the problem.

How much (in $) must be invested today at 6% compounded quarterly to have $7,000 in 3 years?
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