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@KIZSPY2023
Multiple choices 21/50
(Choose 1 answer)
A. $40,351
B. $91,324
C. $63,837
D. $54.233
(20592) Present value: John Hsu wants to start a business in 10 years. He hopes to have $100,000 at that time to invest in the business. To reach his goal, he plans to invest a certain amount today in a bank CD that will pay him 9.50 percent annually. How much will he have to invest today to achieve his target? (Round to the nearest dollar.)
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