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Bridgeport requires $266000 in four years to purchase a new home. What amount must be invested today in an investment that earns 5% interest, compounded

image text in transcribed Bridgeport requires $266000 in four years to purchase a new home. What amount must be invested today in an investment that earns 5% interest, compounded annually? $323325. $218838. $227294. $371781

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