nanette4100 nanette4100
  • 11-04-2024
  • Mathematics
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Meg won $100,000 on a game show, but she won't receive it for five years. Instead, the game show will deposit some money into an account paying 4% compounded daily, and then give her the total prize in 5 years. How much will the game show have to deposit today, in order to have Meg’s money in five years?

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