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Question 13 What amount today is equivalent to $6800 four years ago, if money earned 8% compounded monthly? a) $8572.12 b) $9251.33 c) $9354.53 d)

Question 13 What amount today is equivalent to $6800 four years ago, if money earned 8% compounded monthly? a) $8572.12 b) $9251.33 c) $9354.53 d) $9306.27 e) $4942.06

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