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How much should be deposited today in a CD paying 7.75% compounded monthly in order to have $20,500 in the account in 9 years? O

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How much should be deposited today in a CD paying 7.75% compounded monthly in order to have $20,500 in the account in 9 years? O $10,232.96 $10,471.25 O $10,228.39 O $10,205.48

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