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Business, 20.03.2020 23:33 williamsvilletiles

Pete Air wants to buy a used Jeep in 4 years. He estimates the Jeep will cost $16,700. Assume Pete invests $11,700 now at 6% interest compounded semiannually. a. Calculate the maturity value of the investment. (Do not round intermediate calculations. Round your answer to the nearest cent.)

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Pete Air wants to buy a used Jeep in 4 years. He estimates the Jeep will cost $16,700. Assume Pete i...
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