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Q2. How much money would you need to deposit today at 6% annual interest compounded monthly to have $20,000 in the account after 8

Q2. How much money would you need to deposit today at 6% annual interest compounded monthly to have $20,000 in the account after 8 years? 1 = 67 = 0.06 = 0.005 5/t=812-96 19

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