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Determine the amount you must deposit today in your SUPER savings account, paying 8% interest, in order to accumlate $10,000 for a down payment 5

Determine the amount you must deposit today in your SUPER savings account, paying 8% interest, in order to accumlate $10,000 for a down payment 5 years from now on a new car.

Question 3 options:

a

$ 39,927.10

b

$ 12,522.82

c

$ 2,000.00

d

$ 6,805.80

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