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must Sarah invest today? If Sarah earned an annual return of 16 percent, how much must she invest today? a. If Sarah can earn 4

image text in transcribed must Sarah invest today? If Sarah earned an annual return of 16 percent, how much must she invest today? a. If Sarah can earn 4 percent annually for the next 28 years, how much will she have to invest today? (Round to the nearest cent.) b. If Sarah can earn 16 percent annually for the next 28 years, how much will she have to invest today? $ (Round to the nearest cent.)

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