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Dagwood Company needs to have $75,000 in four years. Using a spreadsheet or a financial calculator, calculate how much Dagwood must invest today in a

Dagwood Company needs to have $75,000 in four years. Using a spreadsheet or a financial calculator, calculate how much Dagwood must invest today in a fund that pays 10 percent, compounded annually. What is the required amount of investment?

Select one:

A. $67,500

B. $51,226

C. $68,182

D. $23,740

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