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Question 16 2 pts You want to invest $20,000 today to accumulate $32,000 for graduate school. If you can invest at an interest rate of

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Question 16 2 pts You want to invest $20,000 today to accumulate $32,000 for graduate school. If you can invest at an interest rate of 10% compounded annually. To find how many years will it take to accumulate the required amount, you would search the 10% column in the: future value of $1 table, for the factor closest to 1.6. present value of $1 table, for the factor closest to 1.6. present value of $1 table, for the factor closest to 0.625. present value of an ordinary annuity of $1 table, for the factor closest to 1.6

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