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Celesta Frank wants to go on a cruise in three years. She could earn 7.8 percent compounded monthly in an account if she were to

Celesta Frank wants to go on a cruise in three years. She could earn 7.8 percent compounded monthly in an account if she were to deposit the money today. She needs to have $12,000 in three years. How much will she have to deposit today? (Round to the nearest dollar.)

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