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Present and future values of $1 at 3% are presented below: Suppose you would like to have of $110,0004-years from now. How much must you

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Present and future values of $1 at 3% are presented below: Suppose you would like to have of $110,0004-years from now. How much must you invest today in an account that earns 6% compounded semiannually? Suppose you would like to have of $110,000 4-years from now. How much must you invest today in an account that earns 6% compounded semiannually? Multiple Choice $26,400 $87,350 $86,835 $93,335

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