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Suppose you buy a new car right now with the total expense equals $43,500.00. How much would you have needed to. invest 34 years ago

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Suppose you buy a new car right now with the total expense equals $43,500.00. How much would you have needed to. invest 34 years ago in an account paying 5% compounded annually to cover this amount? Multiple Choice $9,936.52 $9,108.48 O O $6,624.35 $8,280.43

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