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Everleigh invests in an annuity with an annual fixed interest rate of 6 . 2 % . The annuity compounds monthly. If after 1 0

Everleigh invests in an annuity with an annual fixed interest rate of

6.2 % .

The annuity compounds monthly. If after

10

years, the account balance is $

27, 839.45

how much was the beginning investment?

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