Consider making an initial investment in fund

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Consider making an initial investment in a fund paying 25% of $1,000 the first year and decreasing your investment by 20% per year. What would be the present amount equivalent to a four year investment.

Reference no: EM131173133

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Consider making an initial investment in fund : Consider making an initial investment in a fund paying 25% of $1,000 the first year and decreasing your investment by 20% per year. What would be the present amount equivalent to a four year investment.
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