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Suppose you would like to have $45,000 in 10 years. Your bank currently offers an investment account with annual growth of 8.0% compounded quarterly. How
Suppose you would like to have $45,000 in 10 years. Your bank currently offers an investment account with annual growth of 8.0% compounded quarterly. How much would you have to deposit right now in order to meet your financial goals? Input your answer as a number (no label) and round appropriately.
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