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What amount of cash must be invested today in order to have $33,000 at the end of one year assuming the rate of return is

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What amount of cash must be invested today in order to have $33,000 at the end of one year assuming the rate of return is 9%? Use Appendix Table 1. Multiple Choice O $30,030 O $29,700 $27,775 O O $30,275

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