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If you wish to accumulate $140,000 in 6 years, how much must you deposit today in an account that pays a quoted annual interest rate

If you wish to accumulate $140,000 in 6 years, how much must you deposit today in an account that pays a quoted annual interest rate of 11% with monthly compounding of interest? options:

$72,577.07

$74,849.72

$99,550.12

$66,117.71

$124,250.53

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