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You need to have $34,250 in 9 years. You can earn an annual interest rate of 4 percent for the first 5 years, and 4.6

You need to have $34,250 in 9 years. You can earn an annual interest rate of 4 percent for the first 5 years, and 4.6 percent for the next 4 years. How much do you have to deposit today?

$24,456.85

$23,516.20

$22,849.43

$23,599.53

$24,063.60

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