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  3. assume that you want to have $150,000 saved seven

Assume that you want to have $150,000 saved seven years from now. If you can...

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Verified Solution

Question

Accounting

Assume that you want to have

$150,000

saved seven years from now. If you can invest your funds at

a

6%

interest rate, how much do you currently need to invest? (Round your answer to the nearest whole dollar.)

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