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You need $400 to buy textbooks next year. You can earn 7% pa on your money. How much do you have to invest today?

You need $400 to buy textbooks next year. You can earn 7% pa on your money. How much do you have to invest today? O a. $373.33 O b. $373.83 O c. $337.83 O d. $428.00

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