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Earl Ezekiel wants to retire in San Diego when he is 65 years old. Earl is now 50 . He belleves he will need $300,000

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Earl Ezekiel wants to retire in San Diego when he is 65 years old. Earl is now 50 . He belleves he will need $300,000 to retire comfortably. Yo date, Earl has set aside no retirement money. Assume Earl gets 6% interest compounded semiannually. How much must Earl invest today to meet his $300,000 goal? (Do not round intermediate calculations. Round your answer nearest cent.)

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