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Listen I wish to have 12 000 in my account in 5 years to much...

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Algebra

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Listen I wish to have 12 000 in my account in 5 years to much money should I deposit now into my account earning 2 interest compounded quarterly Use one of the formulas below to solve the problem Future Value A P 1 1 xt Present Value P A 1 z nxt 13 258 75 10 860 75

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