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16 Story #3 17 Suppose you found an investment that earns 6.0% each year. 18 Suppose you want to withdraw 12,000 dollars in one year.

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16 Story #3 17 Suppose you found an investment that earns 6.0% each year. 18 Suppose you want to withdraw 12,000 dollars in one year. 19 Suppose you also want to withdraw 24,000 dollars in four years. 20 How many dollars should you invest today? (not graded) 21 22 Please answer the following question: 24 Story #4 25 Set up a table showing that story 3 works. 26 How much interest would you earn the last (fourth) year? 27 A Between 900 and 1,300 28 B Between 1,300 and 1,500 29 C Between 1,500 and 1,700 30 D Between 1.700 and 1,900 31 32

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