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18. Jude wants to receive $1,100 at the beginning of each of the next eight years. If his opportchiL compounded annually, how much must he

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18. Jude wants to receive $1,100 at the beginning of each of the next eight years. If his opportchiL compounded annually, how much must he deposit in an account today? CUstlaiens'3 pitu a. $7,254 b. $7,086 c. $6,874 d. $6,636 e. $6,420

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