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Gloria wants to have $20,000 in her investment account ten years from now. Currently, she has nothing saved. How much would she have to deposit

Gloria wants to have $20,000 in her investment account ten years from now. Currently, she has nothing saved. How much would she have to deposit today to reach her goal if this is the only amount she invests? She expects to earn 8.5 percent, compounded annually. How much must she deposit today?

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