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How much would you have to invest today to receive $ 1 , 0 0 0 , 0 0 0 after 1 2 years if

How much would you have to invest today to receive $

1, 000, 000

after

12

years if the bank gives

12.5 %

interest on deposits?

Multiple Choice

224, 887

279, 541

243, 315

265, 879

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