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You would like to buy a new car. You estimate that the car will cost $71,000 in two years. If you can earn 9 percent,

You would like to buy a new car. You estimate that the car will cost $71,000 in two years. If you can earn 9 percent, how much do you have to invest today to buy the car in two years?

A. $53,025.84

B. $44,609.04

C. $33,667.20

D. $59,759.28

E. $30,300.48

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