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If you want to have $3,575 in 29 months, how much money must you put in a savings account today? Assume that he savings account
If you want to have $3,575 in 29 months, how much money must you put in a savings account today? Assume that he savings account pays 12% and it is compounded monthly. (Round to the nearest $1)
A. 3,147
B. 2,679
C.2,438
D. 3,008
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