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Question 5 Not yet answered Points out of 1 P Flag question You have the goal of saving $40,000 for graduate school after graduation. If

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Question 5 Not yet answered Points out of 1 P Flag question You have the goal of saving $40,000 for graduate school after graduation. If you plan to go to graduate school in 7 years and can invest and receive a return of 8% what must your annual payments to your investment account be? Select one: a. Less than $4,500 b. Between $4,500 and $5,000 c. Between $5,000 and $5,500 d. Between $5,500 and $6,000 e. Greater than $6,000

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