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Homework: 5-2 MyFinanceLab Assignment Save Score: 0 of 4 pts 7 of 12 (0 completely HW Score: 0%, 0 of 50 pts P5-12 (similar to)

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Homework: 5-2 MyFinanceLab Assignment Save Score: 0 of 4 pts 7 of 12 (0 completely HW Score: 0%, 0 of 50 pts P5-12 (similar to) Question Help 0 (Related to Checkpoint 5.4) (Present value) Seren Wagum woud like to make a single investment and have $2.3 milion at the time of her retirement in 26 years She has found a mutual fund that will earn 6 percent annually. How much will Sarah have to invest today? If Sarah earned an annual return of 17 percent, how soon could she then ratira? a. If Sarah can earn 6 percent annualy for the next 26 years, the amount of money she will have to invest today is $Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer 1 part remaining Clear Al Check

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