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need help Present Value. Cheryl wants to have $1,900 in...

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Accounting

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Present Value. Cheryl wants to have $1,900 in sponding money to take on a trip to Disney World in three years. How much must she deposit now in a savings account that pays 5% per year to have the money she needs in three years? To have 51.900 in three years, Cheryl would need to deposit $ (Round to the nearest cent) (Use your financial calculator or you may use the Financial Tables in Appendix Cin computing your answer.)

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