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1.How much money would Ruby Carter need to deposit in her savings account at Great Western Bank today in order to have $16,850.58 in her

1.How much money would Ruby Carter need to deposit in her savings account at Great Western Bank today in order to have $16,850.58 in her account after five years? Assume she makes no other deposits or withdrawals and the bank guarantees an 11 percent annual interest rate, compounded annually.

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