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15 How much must be deposited today an account earning 6% annually to purchase a car one year from now, assuming that the car's price
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How much must be deposited today an account earning 6% annually to purchase a car one year from now, assuming that the car's price is $20,000? a. $13,774.50 b. $18,867.92 c. $20,000 d. $24,080.76Step by Step Solution
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