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Question 39 1 pts a You would like to have $90,000 in cash to buy a new ride when you graduate from UNC in three

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Question 39 1 pts a You would like to have $90,000 in cash to buy a new ride when you graduate from UNC in three years. Approximately how much must you deposit at the end of each of the next 12 quarters to have $90,000 cash on the day you make your 12th and final deposit if interest is 16% compounded annually? $5,500 $5,700 $6,000 $6,300 $6,500

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