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If you want to have $491,377 in 5 years, how much money should you put in a savings account today? Assume that the savings account pays you 9.7 percent and it is compounded annually. Round the answer to two decimal places

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If you want to have $491,377 in 5 years, how much money should you

put in a savings account today? Assume that the savings account pays you 9.7 percent and it is compounded annually. Round the answer to two decimal places

 
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