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Emma Li, a first-year student at UTSC, needs $55,356 in 4 years to buy the car of her dreams. Her investments earn 5% interest per

Emma Li, a first-year student at UTSC, needs $55,356 in 4 years to buy the car of her dreams. Her investments earn 5% interest per year. If she invested once a year for four years how much must she invest? Her first investment will be today and her last investment will be at the beginning of her 4th year. She needs the money at the end of the 4th year. Round your answer to zero decimal places.

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