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Suppose you are trying to save $20,000 to buy a used boat and you are...

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Accounting

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Suppose you are trying to save $20,000 to buy a used boat and you are going to deposit $5,000 today in savings account. The higher the interest rate Multiple Choice the greater the number of years it will take to get to $20,000 Other Songes you will need to wait to get to $20,000 the Higher be the present value of the $20000

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