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Suppose 10 years ago your mother deposited $3,400 in an investment account earning 5.0% per year. After 3 years she withdrew $1,122. There were no
Suppose 10 years ago your mother deposited $3,400 in an investment account earning 5.0% per year. After 3 years she withdrew $1,122. There were no additional deposits or withdrawals from the account. Obtain today's value of the investment account.
$3,710.62
$4,239.39
$4,416.24
$3,959.48
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