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If you wish to accumulate $115,000 in 13 years, how much must you deposit today in an account that pays a quoted annual interest rate

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If you wish to accumulate $115,000 in 13 years, how much must you deposit today in an account that pays a quoted annual interest rate of 11% with daily compounding of interest? $39,386.81 $29,614.14 $27,526.46 $25,076.60 $49,159.47

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