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. Given the information below, answer questions from #18 to #19 Bianca White, a hotel owner, desires to know the amount of money that must
. Given the information below, answer questions from #18 to #19 Bianca White, a hotel owner, desires to know the amount of money that must be invested today to accumulate $1,000,000 after five years. She found different options which pay compound interest. You need to calculate each option. (Round your answer to the nearest whole number.) How much does she have to invest today at a semi-annual rate of interest of 5%? $620,921 O $783,526 $613,913 $672.971 How much does she have to invest today at a quarterly rate of interest of 2%? O $783,526 O $613,913 $672,971 $620,921
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