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For the business administration course. My question is Taylor would like to accumulate $ 1 9 0 , 0 0 0 his retirement in 1

For the business administration course. My question is Taylor would like to accumulate $

190, 000

his retirement in

13

years. If he is promised a rate of

3.54 %

compounded semi

-

annually by his local bank, how much should he invest today?

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