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If you want to have 60,000 in 8 years, how much do you need to deposit in the bank today if the account pays an

If you want to have 60,000 in 8 years, how much do you need to deposit in the bank today if the account pays an interest rate of 9%?

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Present value- PV= FV* i/(1+i)n

Future Value-FV= PV *(i+i)n

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