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A graduate plans to invest a lump sum today in an account that pays 4% APR (annual compounding). The lump sum will remain invested for

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A graduate plans to invest a lump sum today in an account that pays 4% APR (annual compounding). The lump sum will remain invested for exactly 10 years. The graduate wants to have $220,506 in the account at the end of the 10th year. How much should the graduate invest today? (HINT: Find PV) O $151,640 O$149,276 O$145,325 O$137,547 $148,966

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