How much will she have to invest today to achieve her goal


Elizabeth Sweeney wants to accumulate 13,000 by the end of 12 years. If the annual interest rate is 6.10 percent, how much will she have to invest today to achieve her goal? (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.) Present value of investment $

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Accounting Basics: How much will she have to invest today to achieve her goal
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