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20 20. An investor will deposit $30,000 every other year beginning two years from today and ending 10 years from today in a bank account
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20. An investor will deposit $30,000 every other year beginning two years from today and ending 10 years from today in a bank account pays 5.00% per year. The investor must also deposit $ today in order to have $515,000 in this account 22 years from today. a. 63,051.69 b. 69,888.68 c. 76,725.68 d. 81,056.23 e. 92,260.86 Step by Step Solution
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