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How much do you need to invest today in order to get a $1,000 payment in each of the next 10 years (starting 1 year
How much do you need to invest today in order to get a $1,000 payment in each of the next 10 years (starting 1 year from today)? Assume you can earn 4% interest. A.$9,902 B.$11,335 C.$8,890 D.$14,985 E.$8,110
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