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Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated. $8700 at 5% compounded quarterly

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Find the amount that should be invested now to accumulate the following amount, if the money is compounded as indicated. $8700 at 5% compounded quarterly for 12 yr A) $4792.45 B) $15, 793.59 C) $3907.55 D) $4844.49

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