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A company needs to have $ 5 0 0 , 0 0 0 available in three years in order to pay off a loan. If

A company needs to have $500,000 available in three years in order to pay off a loan. If the company invests the money at 10%, compounded annually, how much must be invested today in order to have the necessary balance?
(a) $350,000.
(b) $151,057.
(c) $400,000.
(d) $375,657.
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