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1. How much money should Victoria invest today into a fund that earns interest at 4.25% compounded quarterly, if she wants to receive $5,250 at

1. How much money should Victoria invest today into a fund that earns interest at 4.25% compounded quarterly, if she wants to receive $5,250 at the end of every 6 months for the next 6 years?

Round to the nearest cent.

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