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Laura plans to invest some money so that she has $4,600 at the end of three years. Determine how much should she invest today given

Laura plans to invest some money so that she has $4,600 at the end of three years. Determine how much should she invest today given the following choices: (Do not round intermediate calculations and round your final answer to the nearest penny.) a. 4.2 percent compounded daily.

b. 4.9 percent compounded monthly. c. 5.2 percent compounded quarterly. d. 5.4 percent compounded annually.

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