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( 1 4 pts ) Your parents want you to receive $ 1 million on your 3 0 th birthday, and you are currently 1
pts Your parents want you to receive $ million on your th birthday, and you are currently years old. Calculate how much they need to deposit today if the interest rate is and compounds semiannually.
pts Your parents want you to receive $ million on your th birthday, and you are currently years old. Calculate how much they need to deposit today if the interest rate is and compounds semiannually.
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