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QUESTION
You would like to have $35,000 in 12 years. How much money must you set aside today for this purpose if you can earn 5.35 percent on your investment?...
You would like to have $35,000 in 12 years. How much money must you set aside today for this purpose if you can earn 5.35 percent on your investment?
a. $12,341.88
b. $45,243.67
c.$18,726.37
d. $65,789.45
