Question: Use the present value formula to determine the amount to be invested now, or the present value needed.The desired accumulated amount is $ 80,000 after

Use the present value formula to determine the amount to be invested now, or the present value needed.The desired accumulated amount is $80,000

after 10 years invested in an account with 4% interest compounded annually.

The amount to be invested now, or the present value needed, is $

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