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QUESTION 9 You would like to have $808 in 1 years to buy a new wardrobe when you graduate and enter the job market. If

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QUESTION 9 You would like to have $808 in 1 years to buy a new wardrobe when you graduate and enter the job market. If you think you can earn 8.73% on your money, how much must you deposit today? QUESTION 10 An investment worth $9,284 today will grow at a compound interest rate of 5.28%. A similar investment will grow at a simple interest rate of the same percent. How much more will the compound interest investment be worth in 12 years

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