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Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount needed $3,000 Interest rate
Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount needed $3,000 Interest rate 2% Compounding period semiannually Investment time 4 years Click here to view page 1 of the table. Click here to view page 2 of the table. The amount that should be set aside today is $ (Round to the nearest cent as needed.)
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