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A bank offers a cd that pays a simple interest rate of 9.5% . How much you put in this cd now in order to

A bank offers a cd that pays a simple interest rate of 9.5% . How much you put in this cd now in order to have $3500 for a home-entertainment center for 4years The present value that must be invested to get $3500 after 4 years at an interest rate of 9.5% is

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