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Calculate the amount of money that needs to be invested today at 7% compounded semi annually to provide monthly payments of $2,000 in perpetuity starting:

Calculate the amount of money that needs to be invested today at 7% compounded semi annually to provide monthly payments of $2,000 in perpetuity starting: (a) one month from today PMT = Hi = CE 12 = -15 PV = (b) one year from today PV = PVS PV = $ PV = PV = $

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