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PLEASE HELP ASAP Your family plans to spend $25,000 on a...

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Accounting

PLEASE HELP ASAP
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Your family plans to spend $25,000 on a car for you upon graduation from college. If you will graduate in three years and your family can earn 3.125% annually on their investment, how much money must they set aside today for your car? A. $22,795,45 B. $23,009.21 C. $21,387.36 D. $23,243.66

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