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2. Calculate the amount of money Julia had to deposit in an investment fund growing at an interest rate of 4.50% compounded annually, to provide

2. Calculate the amount of money Julia had to deposit in an investment fund growing at an interest rate of 4.50% compounded annually, to provide her daughter with $14,500 at the end of every year, for 4 years, throughout undergraduate studies.

Round to the nearest cent

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