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Please show the work, thank you! You want to have $12,500 saved 6 years from now. How much less can you deposit oday to reach

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Please show the work, thank you!

You want to have $12,500 saved 6 years from now. How much less can you deposit oday to reach this goal if you can earn 8 percent rather than 6 percent on your savings? Multiple Choice $947.11 $963.07 $975.51 $934.89

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