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You want to have $10,000 saved ten years from now. How much less do you have to deposit today to reach this goal if you

You want to have $10,000 saved ten years from now. How much less do you have to deposit today to reach this goal if you can earn 6% rather than 5% on your savings?

a.

$928.73

b.

$555.18

c.

$609.81

d.

1,046.22

e.

$615.48

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