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You need $150,000 in 18 years for your investment needs. If you can earn 6% per year, how much do you need to invest today?

You need $150,000 in 18 years for your investment needs. If you can earn 6% per year, how much do you need to invest today?

Select one:

a. $62,551.57

b. $52,551.57

c. $72,851.57

d. $55,551.57

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