Short Answer
Present Value of 1
Future Value of 1
Present Value of an Annuity of 1
Future Value of an Annuity of 1
A company needs to have $200,000 in 4 years, and will create a fund to insure that amount will be available. If it can earn a 7% return compounded annually, how much must the company invest in the fund today to equal the $200,000 at the end of 4 years?
Correct Answer:

Verified
Correct Answer:
Verified
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