Question: Sarah needs $5,000 in 3 years' time, and an additional $4,000 in 7 years' time. At an interest rate of 3%, compounded monthly, how much

Sarah needs $5,000 in 3 years' time, and an additional $4,000

Sarah needs $5,000 in 3 years' time, and an additional $4,000 in 7 years' time. At an interest rate of 3%, compounded monthly, how much should she save today to meet her needs? Question 6: (1 Point) $8,011 $7,297 $7,828 $7,813

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