You need to have $32,000 in 14 in years. you can earn an annual interest rate of 3 percent for the first 4 years, 3.6 percent for the next 3 years, and 4.3 percent for the final 7 years. how much do you have to deposit today?
a. $19,042.84
b. $16,732.56
c. $18,032.49
d. $21,155.77
e. $18,889.81
Answers: 3
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