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Present Value Computation Savanna, Inc. believes it will need $150,000 in five years to expand its operations Savanna can earn five percent, compounded annually, if
Present Value Computation Savanna, Inc. believes it will need $150,000 in five years to expand its operations Savanna can earn five percent, compounded annually, if it deposits its money right now How large of a deposit must Savanna make in order to have the necessary $350,000 in five years? Use Excel or a financial calculator for computation. Round answer to the nearest dollar
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