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Angela, a friend of yours, has been considering investing in a brokerage account for a down payment on a home in the near future. How much will she need to invest today, as a lump sum payment, to have $30,000 in 5 years assuming a 7.5% discount rate? $20,896.76 $29,079.82 $30,000 $15,678.32 All of this TVM stuff has gotten you excited about all the cool stuff you can do with your calculator. Just for fun, you want to know what interest rate you will need to meet your $3,000 savings goal over the next 5 years. You do not have anything saved, but you are expecting to make a contribution of $400 each year towards your goal. What is your interest rate? 20.40% 22.56% 18.79% O 19.83%