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Score: 0 of 1 pt 3 of 13 (0 complete) HW Score: 0%, 0 of 13 pts P 3-17 (similar to) Question Help Suppose the

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Score: 0 of 1 pt 3 of 13 (0 complete) HW Score: 0%, 0 of 13 pts P 3-17 (similar to) Question Help Suppose the interest rate is 3.6%. a. Having $600 today is equivalent to having what amount in one year? b. Having $600 in one year is equivalent to having what amount today? c. Which would you prefer, $600 today or $600 in one year? Does your answer depend on when you need the money? Why or why not? a. Having $600 today is equivalent to having what amount in one year? It is equivalent to $ (Round to the nearest cent.)

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