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Alyssa would like to have $450,000 in her stock market account before buying a new car. She is planning to invest in a stock market
Alyssa would like to have $450,000 in her stock market account before buying a new car. She is planning to invest in a stock market account that earns 10.0%, but it charges a 0.5% front-end load fee. How much will she need to invest now in order to reach her $450,000 goal in 6 months? Round your answer to the nearest penny.
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