[Solved] Suppose you will need $5,000 in 5 years.

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Suppose you will need $5,000 in 5 years. A bank is offering 12% interest rate on deposit per year. How much can you save today?

Suppose you will need $5,000 in 5 years. A bank is offering 12% interest rate on deposit per year. How much can you save today? A. 2,597 B. 2,837 C. 3,105 D. 2,486

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