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Joseph Harris is considering an investment that pays 5.5 percent annually. How much must he invest today such that he will have $21.500 in seven

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Joseph Harris is considering an investment that pays 5.5 percent annually. How much must he invest today such that he will have $21.500 in seven years? (Round to the nearest dollar.) $18,580 $17.474 $16,625 $14.780

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