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8. Mrs. Tea expects to retire in 7 years and would like to receive $750 at the end of each month for 10 years following

8. Mrs. Tea expects to retire in 7 years and would like to receive $750 at the end of each month for 10 years following the date of her retirement. How much must Mrs. Tea deposit today in an account paying 5.5% compounded semi-annually to receive the monthly payments

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