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Could I have some help solving this question? 10. [-/6.66 Points] DETAILS Determine the principal P that must be invested at rate / = 3%,

Could I have some help solving this question?

10. [-/6.66 Points] DETAILS Determine the principal P that must be invested at rate / = 3%, compounded monthly, so that $700,000 will be available for retirement in t = 13 years. (Round your answer to the nearest cent.) P = $

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