Question: Brad would like to be able to withdraw from his account $2,000 in one year, $3,000in 2 years, and 1,000 in 3 years. He earns
Brad would like to be able to withdraw from his account $2,000 in one year, $3,000in 2 years, and 1,000 in 3 years. He earns 3% rate of interest in his account. Howmuch money does Brad need to put into this account today?
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