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Caroline's grandmother promises to give her $5,000 at the end of five years. How much is the money worth today, assuming Caroline could invest the
Caroline's grandmother promises to give her $5,000 at the end of five years. How much is the money worth today, assuming Caroline could invest the money and earn a 6% annual rate of return? (Round to the nearest dollar). Selected Answer: Correct $3,736 Answers: $4,212 $1,338 $5,637 Correct $3,736
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