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You wish to deposit an amount now that will accumulate to $25,000 in 15 years. Determine the deposit, if interest is 5% compounded quarterly. Multiple

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You wish to deposit an amount now that will accumulate to $25,000 in 15 years. Determine the deposit, if interest is 5% compounded quarterly. Multiple Choice $11,764.19 $11,664.19 O O $11,864.19 O $11,464.19 O $11,564.19

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