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For her daughter's education, Georgina Harcourt has invested an inheritance in a fund paying 6.2% compounded annually. If ordinary annuity payments of $157 per month

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For her daughter's education, Georgina Harcourt has invested an inheritance in a fund paying 6.2% compounded annually. If ordinary annuity payments of $157 per month are to be made out of the fund for seven years, how much was the inheritance? . . . The inheritance was $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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