Question: Q16 : Eman expects to need $45,000 as a down payment on a house in 5 years. How much does she need to invest today

Q16 : Eman expects to need $45,000 as a down payment on a house in 5 years. How much does she need to invest today in an account paying 6.5 percent?

a. $32,844.637

b. $32,553.85

c. $33,553.85

d. $35,000

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