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Mathematics, 12.04.2021 03:00 donahueno1753

Reuben wants to have an amount of $40,000.00 in 16 years' time when she retires. She can invest her money at a simple interest rate of 5.5% per annum. How much money ( to the nearest dollar) should she invest now to achieve her aim?

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Reuben wants to have an amount of $40,000.00 in 16 years' time when she retires. She can invest her...
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