How much would phoebe have to invest today

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Reference no: EM133379057

Question: How much would Phoebe have to invest today, in one lump sum, to end up with $50,000 in eight years? You will have to figure Present Value (PV). There is a present value calculator available on the internet or use your financial calculator, however, I want to see the formula in the comments.

Reference no: EM133379057

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