Question: what formula do you use for this one? please include formula when answering the question D Question 4 5 pts Suppose you want to save

what formula do you use for this one? please include formula when answering the question

D Question 4 5 pts Suppose you want to save up $2,245 in 4 years for your graduation, if a bank promises to give you 11% APR on your deposit, how much would you have to deposit today to achieve your goal in 4 years? (Round your answer to two decimal point)

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