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Heather is planning to retire in 13 years. She will then need an income of $1273 at the end of every month for the subsequent

Heather is planning to retire in 13 years. She will then need an income of $1273 at the end of every month for the subsequent 25 years. She is going to make one investment today to provide all of the money she will eventually collect. Her investments will earn 11.54% compounded monthly. How much should she invest today?

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