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25-05-2023
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Question 9 Marshall, Inc. wishes to accumulate $600,000 to be used to pay off a balloon note at the end of 3 years. How much will Marshall invest today to accumulate the desired amount if the investment earns an annual rate of 12% compounded quarterly? (Select the closest amount) O $352.000 O $65,248 O $254.200 $420,600

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