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Question Juliette Bronson anticipates needing $620,000 to start a business. If she can earn 4.2 percent compounded annually on her investments, how much money would Juliette have to invest today to have $620,000 in 3 years?

Question

Juliette Bronson anticipates needing $620,000 to start a business. If she can earn 4.2 percent compounded annually

on her investments, how much money would Juliette have to invest today to have $620,000 in 3 years?

 
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