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Chen Aisen is seeking to accumulate $50,000 in six years to invest in a real estate venture. He can earn 4.2 percent annual interest with

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Chen Aisen is seeking to accumulate $50,000 in six years to invest in a real estate venture. He can earn 4.2 percent annual interest with monthly compounding in a private investment. How much will he have invest today to reach his goal? (Round to the nearest dollar) $33,387 $34,912 $36,297 $38,879

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