How much money should you put in a saving account today

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Reference no: EM132052669

Question

If you want to have $361,163 in 6 years. How much money should you put in a saving account today?

Assume that saving account pays you 4.2 percent and it is compounded annually. Round the answer to two decimal places.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132052669

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