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If you want to have $10,000 for a down payment on a new car in three years' time, assuming an interest rate of 4.5 percent

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If you want to have $10,000 for a down payment on a new car in three years' time, assuming an interest rate of 4.5 percent compounded annually, how much money do you need to deposit as a lump sum today? A. $8763 B. $8112 C. $8650 D. $8712

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