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Mary Smith wants to go on a cruise in three years. She could earn 8 percent compounded daily in an account if she deposits the
Mary Smith wants to go on a cruise in three years. She could earn 8 percent compounded daily in an account if she deposits the money today. She needs to have$10,000 in three years. How much will she have to deposit today? (Round to the nearest dollar.) A) $7,866 B) $6,432 C) $7,826 D) $7,763
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