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MC Qu. 31 Patricia wants to invest a sum... Patricia wants to invest a sum of money today that will yield $10,000 at the end

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MC Qu. 31 Patricia wants to invest a sum... Patricia wants to invest a sum of money today that will yield $10,000 at the end of 6 years. Assuming she can earn an interest rate of 6% compounded annually, how much must she invest today? (PV of $1. FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice S7,050 S9,400 S6,000 $8,836 $8,306

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