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Present Value Computation Zumi, Inc., believes it will need $150,000 in nine years to expand its operations. Zumi can earn 6%, compounded annually, if it

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Present Value Computation Zumi, Inc., believes it will need $150,000 in nine years to expand its operations. Zumi can earn 6%, compounded annually, if it deposits its money right now. How large of a deposit must Zumi make in order to have the necessary $150,000 in nine years? $ 0

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