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9) Patricia wants to invest a sum of money today that will yield $22,000 at the end of 6 years. Assuming she can earn an
9) Patricia wants to invest a sum of money today that will yield $22,000 at the end of 6 years. Assuming she can earn an interest rate of 6% compounded annually, how much must she invest today? (Use appropriate factor(s) from the tables provided.)
A) $15,510 B) $18,273
C) $20,680 D) $13,200
E) $19,373
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