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Question 8. Solve the problem. Round to the nearest cent. _ L nt _ A _ rt _ L n AP 1+ PAPz Y 1+

Question 8.

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Solve the problem. Round to the nearest cent. _ L nt _ A _ rt _ L n AP 1+ PAPz Y 1+ 1 n r M n n How much money should be deposited today in an account that earns 4% compounded quarterly so that it will accumulate to $3,300 in 6 years? 0 A. $2,500.97 0 3. $4,100.12 0 c. $2,600.04 0 D. $701.03

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