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Donald Martin is considering an investment that pays 8.3 percent, compounded annually. How much will he have to invest today so that the investment will

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Donald Martin is considering an investment that pays 8.3 percent, compounded annually. How much will he have to invest today so that the investment will be worth $29,000 in six years? (Do not round intermediate calculations. Round final answer to 2 decimal places, e.g. 2,515.25.) Amount to be invested today

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