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Paul would like to buy a $50,000 Ford F150 in 15 years. What is the present value amount that he would need to deposit into

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Paul would like to buy a $50,000 Ford F150 in 15 years. What is the present value amount that he would need to deposit into an account earning an annual interest rate of 6% to afford the truck in 15 years? $32,144 $22,979$119,828 $20,863 $21,616

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