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QUESTION 6 Suppose you are depositing an amount today in an account that earns 5% interest, compounded quarterly. If your goal is to have

QUESTION 6 Suppose you are depositing an amount today in an account that earns 5% interest, compounded quarterly. If your goal is to have $5000 in the account at the end of six years, how much must you deposit in the account today? Round to the nearest dollar O $3711 $1289 $703 5985

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