How much money should you put in a savings account today

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Reference no: EM132051536

Question

If you want too have $265,324 in 16 years. How much money should you put in a savings account today. Assume that the saving account pays you 9.0 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: EM132051536

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