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Find the amount that should be invested today (present value) at the stated interest rate to yield the given amount (future value) after the indicated
Find the amount that should be invested today (present value) at the stated interest rate to yield the given amount (future value) after the indicated amount of time. $8,000 in 12 years at 5% annual interest compounded annually. Question 9 options: $3545.28 $4800 $4454.72
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