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The company you work for wants to purchase a new piece of equipment that is estimated to cost $ 100,000 3 years from now. How

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The company you work for wants to purchase a new piece of equipment that is estimated to cost $ 100,000 3 years from now. How much must they invest today in order to have the $100,000 in 3 years assuming they earn 4% interest ? O $88,900 O $88,849 O $112,486 O $112,551

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