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5. Mary wants to have $300,000 in her savings account in 12 years. If the account earns 6.24% interest, about how much must she invest

5. Mary wants to have $300,000 in her savings account in 12 years. If the account earns 6.24% interest, about how much must she invest each year?

		$15,227.18
		$17,535.42
		$25,000
		$28,422.91

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