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using an 8% interest rate 5. What amount should Laura have in her bank account today (before first withdrawal) if she needs $2,000 each year

using an 8% interest rate image text in transcribed
5. What amount should Laura have in her bank account today (before first withdrawal) if she needs $2,000 each year for four years with the first withdrawal to be made today and each subsequent withdrawal at oneyear intervals? a. 52721. b. $6624. c. $8000 d. $9012. e. none of the above

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