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You need to have $33,500 in 7 years. You can earn an annual interest rate of 5 percent for the first 4 years, and 56

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You need to have $33,500 in 7 years. You can earn an annual interest rate of 5 percent for the first 4 years, and 56 percent for the next 3 years. How much do you have to deposit today? Multiple Choice O $21,179.93 $23,807.82 $22,876.91 $22,037.25 $23,404.31

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