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You need 40,000 in one year, you can put the amount in a bank account that returns 5% a year. How much do you need
You need 40,000 in one year, you can put the amount in a bank account that returns 5% a year. How much do you need to put in the bank account today to get that in one year?
(2 Points)
37,500
39.050
38,095
40,700
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