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Mathematics, 29.09.2021 23:40 Alex4530

(1 point) If you need $20,000 six years from now, what is the minimum amount of money you need to deposit into a bank account that pays 3% annual interest, compounded (give your answers to the nearest
cent)
(a) annually? $
(b) monthly? $
(c) daily (assuming 365 days in a year)? $

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