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Question 7 (5 points) Michael will need $20,000 in the fu...

Question 7 (5 points) Michael will need $20,000 in the fu...

Question 7 (5 points) Michael will need $20,000 in the future to buy a boat (the price of the boat will not change over time). He currently has $17,252.20. If the prevailing interest rate is 3% ...

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