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Cassandra would like to accumulate $370,000 for her retirement in 9 years. If she is promised a rate of 4.47% compounded monthly by her local
Cassandra would like to accumulate $370,000 for her retirement in 9 years. If she is promised a rate of 4.47% compounded monthly by her local bank, how much should she invest today?
Round to the nearest cent
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