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What amount must be d eposited in the bank today, at 7% compounded annually, so that $500 may be withdrawn at the end of each

What amount must be d image text in transcribed eposited in the bank today, at 7% compounded annually, so that $500 may be withdrawn at the end of each year over the next three years?

Use the following table for this question: Periods123P.V.Singleat7%0.9350.8730.816P.V.Annuityat7%0.9351.8082.624

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