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A finance major at the Terry College wants to have $10,000 in exactly 10 years. The student will set aside a lump sum today

A finance major at the Terry College wants to have $10,000 in exactly 10 years. The student will set aside a lump sum today in an account that will pay 6% APR with monthly compounding. To reach the goal, how much should be invested today? (rounded to nearest dollar)

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