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You need to have $40,000 in a bank account 18 years from today. Assume APR is 8% and quarterly compounding. How much money must be

You need to have $40,000 in a bank account 18 years from today. Assume APR is 8% and quarterly compounding. How much money must be in the account 4 years from now assuming no other deposits or withdrawals? Question 13 options: $9,612.75 $13,618.44 $13,099.79 $13,500.00 $13,196.25

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