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How much would need to have deposited three years ago

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Problem 1: Which table would you use to determine how much you would need to have deposited three years ago at 10% compounded annually in order to have $1,000 today?

a.Future value of 1 or present value of 1
b.Future value of an annuity due of 1
c.Future value of an ordinary annuity of 1
d.Present value of an ordinary annuity of 1

Reference no: EM132703322

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