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How much money should be deposited today in an account that earns 5% compounded monthly so that it will accumulate to $15,000 in three years?

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How much money should be deposited today in an account that earns 5% compounded monthly so that it will accumulate to $15,000 in three years? The amount of money that should be deposited is $ (Round up to the nearest cent.) Cm mor me Enter your answer in the answer box. w.gto ilford Time Remaining: 01:53:39 Next

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