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Question 1 2 ( 2 points ) You can earn 1 6 % interest, compounded quarterly. How much must you deposit today to withdraw $

Question 12(2 points)
You can earn 16% interest, compounded quarterly. How much must you deposit today to withdraw $4,000 in 10 years?
$6,400
$2,702
$906
$833
$10
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