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6. You have just invested $3,000 into an account that will earn a 9% APR compounded monthly. You want to have exactly $8,000 in the

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6. You have just invested $3,000 into an account that will earn a 9% APR compounded monthly. You want to have exactly $8,000 in the account at the end of 5 years. The account allows you to make one deposit at the end of the first year. In order to have exactly $8,000 at the end of year 5, how much must you deposit at the end of the first year? a. $2,848.35 b. $2,613.17 C. $2,307.49 d. $3,384.13

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