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Alysha would like to support the education of her favourite grand - nephew, Stephen, who plans to begin university in 3 years. How much will

Alysha would like to support the education of her favourite grand-nephew, Stephen, who plans to begin university in 3 years.
How much will Alysha have to invest today, at 4 percent, to be able to give Stephen $7,800 at the end of each year for 4 years? (Round answer to 2 decimal places, e.g.125.12. Do not round your intermediate calculations.)

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