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How much do have to deposit today

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Question 1: You need to have $30,500 in 14 in years. You can earn an annual interest rate of 5 percent for the first 4 years, 5.6 percent for the next 3 years, and 6.3 percent for the final 7 years. How much do you have to deposit today?

Reference no: EM132478587

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