If you want to know how much you need to invest today at 12 percent compounded annually in order to have $4,000 in five years, you will need to find a(n) _______ value.

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asked Nov 6, 2023 142k views

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MetaHyperBolic · Answer 1 · 2023-11-10T20:57:56+0000

Answer:present

Explanation: if you want to know how much you need to invest today at 12% compounded annually in order to have $4000 in five years you will need to find a present value

If you want to know how much you need to invest today at 12 percent compounded annually in order to have $4,000 in five years, you will need to find a(n) _______ value.

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