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Business, 12.01.2021 04:20 Jazminfun70

You plan to put money into a bank account that earns a 7.2% APR with monthly compounding. You plan to invest $630 at the end of each half‐year, as well as a to‐be‐determined initial amount today. Under this plan, how much must you invest today to have a total account balance of $38,000 in 8 years?

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