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Tony Ring wants to attend Northeast College. He will need $65,000 6 years from today. Assume Tony's bank pays 8% interest compounded semiannually. What must
Tony Ring wants to attend Northeast College. He will need $65,000 6 years from today. Assume Tony's bank pays 8% interest compounded semiannually. What must Tony deposit today so he will have $65,000 in 6 years? (Use the Table provided.) (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Amount to be deposited
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