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Posted on Aug 29, 2024

How much must you deposit in an account today so that you have a balance of $ 9 , 4 5 6 at the end

How much must you deposit in an account today so that you have a balance of $

9, 456

at the end of

11

years if interest on the account is

9 %

.

.,

but with quarterly compounding?

Round your answer to

2

decimal places

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