Deposit Investment Assignment

You need to have $32,000 in 14 in years. You can earn an annual interest rate of 3 percent for the first 4 years, 3.6 percent for the next 3 years, and 4.3 percent for the final 7 years. How much do you have to deposit today?

$19,042.84

$16,732.56

$18,032.49

$21,155.77

$18,889.81. Get Finance homework help today

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