How much money should be deposited today in an account

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How much money should be deposited today in an account that earns 7% compounded semiannually so that it will accumulate to $10,000 in three years?

Reference no: EM131727163

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How much money should be deposited today in an account : How much money should be deposited today in an account that earns 7% compounded semiannually so that it will accumulate to $10,000 in three years?
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