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Suppose you will need $68,000 in 10 years. If your bank compounds interest at an annual rate of 11%, how much will you need to

Suppose you will need $68,000 in 10 years. If your bank compounds interest at an annual rate of 11%, how much will you need to deposit into your account 1 year(s) from now to reach your goal? Enter your answer rounded to two decimal places

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