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You need to have $31,250 in 7 years. You can earn an annual interest rate of 4 percent for the first 4 years, and 46

You need to have $31,250 in 7 years. You can earn an annual interest rate of 4 percent for the first 4 years, and 46 percent for the next 3 years. How much do you have to deposit today O $2334112 O $23.74743 O $2234991 $23,20723 $22.81035

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