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Use the table! Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount Interest Compounding

Use the table!

Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount Interest Compounding Investment time period needed rate $4,000 3% semiannually 5 years Click here to view page 1 of the table. Click here to view page 2 of the table. The amount that should be set aside today is l. (Round to the nearest cent as needed.)

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