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Mary plans to invest some money so that she has $2,500 at the end of three years. Determine how much should she invest today given

Mary plans to invest some money so that she has $2,500 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.

Amount required to be invested $

b. 4.9 percent compounded monthly.

Amount required to be invested $

c. 5.2 percent compounded quarterly.

Amount required to be invested $

d. 5.4 percent compounded annually.

Amount required to be invested $

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