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Twenty years from now, you hope to have $185,000 to buy a parcel of land. How much must you deposit as a lump sum today

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Twenty years from now, you hope to have $185,000 to buy a parcel of land. How much must you deposit as a lump sum today to achieve this goal at an interest rate of 6.8 percent, compounded annually? $64,380.95 $48,740.95 $57,911.08 $49,630.27 None of these answers are correct

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