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Sydney's loving grandfather is planning to give her $150,000 when she turns 21 years old, 8 years from now. What amount of money does her

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Sydney's loving grandfather is planning to give her $150,000 when she turns 21 years old, 8 years from now. What amount of money does her grandfather have to deposit today if he can earn 6% interest, compounded semiannually, to meet this goal? $94,112 $118,411 $93,475

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