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Christine wishes to have $ 5 0 0 0 . 0 0 per year for the next 4 years to cover the costs of her

Christine wishes to have $5000.00 per year for the next 4 years to cover the costs of her post-secondary education. If she can invest the money at 7%, compounded annually, how much will she need to have on deposit when she starts her education?Question 20 options:a) $6,553.98b) $16,936.06c) $20,000.00d) $21,400.00

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