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Sarah needs $5,000 in 3 years' time. At an interest rate of 3%, compounded monthly, how much should she save today to meet her needs?

Sarah needs $5,000 in 3 years' time. At an interest rate of 3%, compounded monthly, how much should she save today to meet her needs? Select one: O a. $4,570 O b. $7,813 O c. c. $4,750 O d. $7,297 Clear my choice
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Sarah needs $5,000 in 3 years' time. At an interest rate of 3%, compounded monthly, how much should she save today to meet her needs? Select one: a. $4,570 b. $7,813 c. $4,750 d. $7,297 Clear my choice

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