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How much must you invest now in a savings account that earns 12% per year if you would like to have $2500 in 10 years?

How much must you invest now in a savings account that earns 12% per year if you would like to have $2500 in 10 years?

$7,764.62

$804.93

$43,871.84

$14,125.56

None of these

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