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How much should you deposit in an account on August 6, 2020, earning 7% compounded quarterly, so that you have $100,000 on February 6, 2022?
How much should you deposit in an account on August 6, 2020, earning 7% compounded quarterly, so that you have $100,000 on February 6, 2022? Use the compound interest formula Values from Formula: FV: N: I/YR P/YR 17
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