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How much money should be deposited today in an account that earns 7% compounded quarterly so that it will accumulate to $6500 in 5 years?

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How much money should be deposited today in an account that earns 7% compounded quarterly so that it will accumulate to $6500 in 5 years? $4634.41 S44594.36 $9196.06 $1905.64 Determine the statement is true or false. Leasing is essentially a long-term rent- to own agreement. True False P(r)/[1 - (1 + r)^-nt]. Round to the nearest dollar. How much money should be deposited today in an account that earns 7% compounded quarterly so that it will accumulate to $6500 in 5 years? $4634.41 S44594.36 $9196.06 $1905.64 Determine the statement is true or false. Leasing is essentially a long-term rent- to own agreement. True False P(r)/[1 - (1 + r)^-nt]. Round to the nearest dollar

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