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Sara wants to have $530,000 in her savings account when she retires. How much must she put in the account now, if the account pays

Sara wants to have $530,000 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 8%, to ensure that she has $530,000 in 25 years? A. $139,300 B. $88,919 C. $108,345 D. $77,389

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