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Four years from today, Evan would like to start making withdrawals of $1200 the end of each month for 1 year while he is traveling.

Four years from today, Evan would like to start making withdrawals of $1200 the end of each month for 1 year while he is traveling. What single deposit made today, would be required to make the withdrawals possible?

Interest 5.35% compounded monthly.

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