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How much money must be put into a bank account yielding 3.5% (compounded annually) in order to have $1,250 at the end of 10 years
How much money must be put into a bank account yielding 3.5% (compounded annually) in order to have $1,250 at the end of 10 years (round to nearest $1)? a. $921 b. $886 c. $843 d. $798
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