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5) How much money must be put into a bank account yielding 6.42% (compounded annually) in order to have $1,691 at the end of 11
5) How much money must be put into a bank account yielding 6.42% (compounded annually) in order to have $1,691 at the end of 11 years (round to nearest $1)?
5) How much money must be put into a bank account yielding 6.42% (compounded annually) in order to have $1,691 at the end of 11 years (round to nearest $1)?
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