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Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated. $28,500 at 4% 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. $28,500 at 4% compounded annually for 9 yr $20,824.67 $20,023.72 $40,564.39 o $8476.28

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