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38 Your savings account pays 5% annually. Assuming this interest rate remains constant how much do you need to deposit in your savings account today

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38 Your savings account pays 5% annually. Assuming this interest rate remains constant how much do you need to deposit in your savings account today to accumulate $220 in 5 years? Round to the nearest cent. O A $186.81 OB. $172.38 O C. $158.42 OD. $164.17 sure 9 10 11 Next page nane 7 8

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