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Cassandra Dawson wants to save for a trip to Australia. She will need $11,280 at the end of 13 years. She can invest a certain
Cassandra Dawson wants to save for a trip to Australia. She will need $11,280 at the end of 13 years. She can invest a certain amount at the beginning of each of the next 13 years in a bank account that will pay her 9 percent annually. How much will she have to invest annually to reach her target? (Round to the nearest two decimals. Do not type the $ symbol)
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