What amount must be invested today at annual interest rate


Problem

What amount must be invested today at an annual interest rate of 41%, if you want to purchase a $450,000 machine 4 yr in the future?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What amount must be invested today at annual interest rate
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