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Erin Smith estimated she would need $24,000 in 3 years to buy new equipment for her photography business. Having extra cash, she invested money in

Erin Smith estimated she would need $24,000 in 3 years to buy new equipment for her photography business. Having extra cash, she invested money in an investment that advertised a return of 8% compounded monthly. Erin invested just enough money to end up with $24,000. How much did Erin invest

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