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Luke wants to have $4,250 four years from now to put towards an education. He has an investment account that earns 8.5% per year. How

Luke wants to have $4,250 four years from now to put towards an education. He has an investment account that earns 8.5% per year. How much would he have to deposit today in order to reach his goal? Group of answer choices $1,062.50 $3,045.13 $3,066.69 $5,889.90

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