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Page 1: · Calculating Present Value How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $20,000 in five years? Solulion

Page 2: · Calculating Present Value How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $20,000 in five years? Solulion

Page 3: · Calculating Present Value How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $20,000 in five years? Solulion

Page 4: · Calculating Present Value How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $20,000 in five years? Solulion

Page 5: · Calculating Present Value How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $20,000 in five years? Solulion

Page 6: · Calculating Present Value How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $20,000 in five years? Solulion

Page 7: · Calculating Present Value How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $20,000 in five years? Solulion

Page 8: · Calculating Present Value How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $20,000 in five years? Solulion

Page 9: · Calculating Present Value How much money should be deposited today in an account that earns 6% compounded monthly so that it will accumulate to $20,000 in five years? Solulion

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