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Mathematics, 20.09.2020 09:01 drippyc1363

Solve the problem. Round to the nearest cent. Tabby Soft believes that it will need new equipment in 5 years. The equipment will cost $26,000. What lump sum should be invested today at 6%, compounded semiannually, to yield $26,000? a. $22,558.87 c. $22,390.94 b. $23,948.47 d. $19,346.44 Please select the best answer from the choices provided A B C D

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