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Use the Data in Table 3

Question 20

Multiple Choice

Use the data in table 3.1 to answer the following question(s) :
Use the data in table 3.1 to answer the following question(s) : Table 3.1 -Refer to Table 3.1 above. How much will you need to deposit today in an account paying 7% if you wish to have $1,000 in 5 years? A) $1,403 B) $713 C) $5,751 D) $4,100 Table 3.1
-Refer to Table 3.1 above. How much will you need to deposit today in an account paying 7% if you wish to have $1,000 in 5 years?


A) $1,403
B) $713
C) $5,751
D) $4,100

Correct Answer:

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