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Anthony invested a sum of money 5 years ago in a savings account that has since paid interest at the rate of 4%/year compounded quarterly.
Anthony invested a sum of money 5 years ago in a savings account that has since paid interest at the rate of 4%/year compounded quarterly. His investment is now worth $27,289.44. How much did he
originally invest? (Round your answer to the nearest cent.
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