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Sara wants to have $500,000 in her savings account when she retires. How much must she put in the account now, if the account pays

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Sara wants to have $500,000 in her savings account when she retires. How much must she put in the account now, if the account pays a fixed interest rate of 9%, to ensure that she has $500,000 in 20 years time? O A. $96,903 OB. $124,901 OC. $89,215 OD. $160,587

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