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Find how much money needs to be deposited now into an account to obtain $6,400 (Future Value) in 5 years if the interest rate is 6.5% per year compounded daily (365 times per year).

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Explanation:

yes,I have money needs to be deposited now into an account to obtain $6,400 (future value) in 5 Year if the interest rate is 4.6% per year co

User Jos Dirksen
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