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1 What minimum amount of money earning 7 . 6 0 % compounded semiannually will sustain withdrawals of $ 2 , 2 0 0 at

1
What minimum amount of money earning 7.60% compounded semiannually will sustain withdrawals of $2,200 at the beginning of
every month for 10 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
The minimum amount
$220,740.87
0/10
points awarded
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