John intends to invest a certain sum of money today in


John intends to invest a certain sum of money today in order to earn a return of $6 000 in five years time. how much should john invest today at the interest rate of 7%, compounded annually? would you advise john to proceed with the transction or not? kindly motivate your position.

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Business Economics: John intends to invest a certain sum of money today in
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