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16. How much money do you need today to ensure that you will have $12,000 in 3 years, assuming you can earn 4% on your

16. How much money do you need today to ensure that you will have $12,000 in 3 years, assuming you can earn 4% on your savings? a $10,668. b. $11,224. c. $11,668 d. $12,668

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