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I dont understand what math formula to use – RoyalCustomEssays

I dont understand what math formula to use

Samsung Electronics Company Assignment:Framework for Executing Strategy
July 12, 2018
Saint COM530 week 4 assignment
July 12, 2018

You want $20,000 in 5 years to take your spouse on a second honeymoon.  Your investment account earns 7% compounded semiannually.  How much money must you put in the investment account today? (round to the nearest $1)What would be the formula to use?

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