You are considering purchasing an investment that will pay $10,000 in 15 years . If you require 8.75% return on this in

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answerhappygod
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You are considering purchasing an investment that will pay $10,000 in 15 years . If you require 8.75% return on this in

Post by answerhappygod »

You are considering purchasing an investment that will pay
$10,000 in 15 years . If you require 8.75% return on this
investment, how much should you pay for it today?
Please show work.
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