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Exercise D9-3 Margaret wants to buy a car when she graduates from Central University 4...

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Exercise D9-3 Margaret wants to buy a car when she graduates from Central University 4 years from now. She believes that she will need $29,800 to buy the car. Click here to view the factor table (a) Calculate how much money Margaret must put into her savings account today to have $29,800 in 4 years, assuming she can earn 10% compounded annually. (For calculation purposes, use 4 decimal places as displayed in the factor tabe provided and round final answer to.o.decimal. )l Amount (b) Calculate how much money Margaret must put into her savings account today to have $29,800 in 4 years, assuming she can earn 10% compounded semiannually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to.0decimal. Amount

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