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How much must I invest today in order to have $30,000 in 3 years assuming 2% interest compounded annually? Multiple Choice $28,680.00 $30,643.51 $60,000.00 $29,370.00

image text in transcribed How much must I invest today in order to have $30,000 in 3 years assuming 2% interest compounded annually? Multiple Choice $28,680.00 $30,643.51 $60,000.00 $29,370.00

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