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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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