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If you want to have $875 in 32 months, how much money must you put in a savings account today? Assume that the savings account

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If you want to have $875 in 32 months, how much money must you put in a savings account today? Assume that the savings account pays 16 and it is compounded monthly round to the nearest $10 5650 5630 5570 5660 How much must you invest today at 10% interest in order to see your investment grow to $12,000 in 3 years? $3,050 $3,755 $3,555 $9,012 If you were to put $3,000 in the bank at 6 interest each year for the next 10 years, how much would you have us an ending balance in your account $13,181 $6,975 $39,543 $7,716 As the time period until receipt increases, the present value decreases increases remains the same Not enough information is given to tell

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