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Cassandra set up a fund that would pay her family $4,000 at the beginning of every month, in perpetuity. What was the size of the

Cassandra set up a fund that would pay her family $4,000 at the beginning of every month, in perpetuity. What was the size of the investment in the fund if it was earning 3.00% compounded semi-annually? Round to the nearest cent Question 6 of 7 SUBMIT

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