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Question 1 (Mandatory) (1 point) Saved In your organization, you plan to purchase expensive equipment for $5,000. The amount is due two years from now.

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Question 1 (Mandatory) (1 point) Saved In your organization, you plan to purchase expensive equipment for $5,000. The amount is due two years from now. At present, how much money do you need to set aside, assuming you can earn interests at an annual rate of 4%? Choose the right way in Excel to do this calculation. Use $5,000 as PMT, 4% as the rate, and calculate PV Use $5,000 as FV, 4% as the rate, and calculate PV Use $5,000 as PMT, 4% as the rate, and calculate FV Use $5,000 as PV, 4% as the rate, and calculate FV

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