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Paul wants to invest a sum of money today that will accumulate to $67,000 at the end of 5 years. Assuming he can earn an

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Paul wants to invest a sum of money today that will accumulate to $67,000 at the end of 5 years. Assuming he can earn an Interest rate of 8% compounded semiannually, how much must he invest today? (PV of S1. FV of S1. PVA of S1, and FVA of S1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $45,265 $36,295 $21685 $54,815 $45 445

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