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how much would you have to deposit today in order to have $4,000 in four years if the discount rate is 8 percent each year?

how much would you have to deposit today in order to have $4,000 in four years if the discount rate is 8 percent each year? image text in transcribed
How much money would you have to deposit today in order to have $4,000 in four years if the discount rate is 8 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Amount of deposit

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