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Suppose you will need $50,000 in 12 years. If your bank compounds interest at an annual rate of 10%, how much will you need

Suppose you will need $50,000 in 12 years. If your bank compounds interest at an annual rate of 10%, how much will you need to deposit into your account 3 year(s) from now to reach your goal? Enter your answer rounded to two decimal places. Number

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