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Question 2 Akeel and David both want to have $5,000 in three years. Akeel expects to earn 8% on his investments and David expects a

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Question 2 Akeel and David both want to have $5,000 in three years. Akeel expects to earn 8% on his investments and David expects a 7% rate of return. Which one of the following statements is correct concerning the amount of money they each need to invest today? David needs to deposit $112.33 more than Akeel today. David needs to deposit $173.33 more than Akeel today. b. Akeel needs to deposit $3,699.16 today. d. David needs to deposit $3,081.49 today

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