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Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated. $4600 at 6% compounded annually

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Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated. $4600 at 6% compounded annually for 3 yr A) $3862.25 B) $737.75 C) $5478.67 D) $4098.98 A small company borrows $76,000 at 9% compounded monthly. The much interest will the company pay? A) $110, 303.14 B) $186, 303.14

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