Southwest Dry Cleaners believes that it will need new equipment in 7 years. The equipment will cost $26,000. What lump sum should be invested today at 6%, compounded semiannually, to yield $26,000? a. $ 17,189.06 b. $ 23,243.29 c. $ 21,091.71 d.
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A box contains 3 black pens, 7 blue pens, and 5 red pens. She pulls a red pen, puts it back, pulls a blue pen, puts it back, and then pulls a black pen and uses it. P (red, then blue, then black)
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