The manager of Cougar Fund needs to withdraw $35,000 seven years from today. If her account earns 7 percent compoun O $21,796.24 $3,271.03 $32,710.28 None of the listed items is correct $8,028.91

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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uestion 20
The manager of Cougar Fund needs to withdraw $35,000 seven years from today. If her account earns 7 percent compounde
O $21,796.24
O $3,271.03
O $32,710.28
O None of the listed items is correct
O $8,028.91
A Click Submit to complete this assessment.
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Transcribed Image Text:uestion 20 The manager of Cougar Fund needs to withdraw $35,000 seven years from today. If her account earns 7 percent compounde O $21,796.24 O $3,271.03 O $32,710.28 O None of the listed items is correct O $8,028.91 A Click Submit to complete this assessment. MacBook Air F1 F2 F3 F4 F5 F6 F7 #3 3 $ & 2 7 Q W E R Y A S D F G
n today. If her account earns 7 percent compounded annually, how much must she deposit today?
Close
MacBook Air
F8
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Transcribed Image Text:n today. If her account earns 7 percent compounded annually, how much must she deposit today? Close MacBook Air F8 F9 F10 F5 F6 F7 & * 5 6 7 8 T. Y G KL
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