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Heather is planning to retire in 7 years. She will then need an income of $1674 at the beginning of every month for the subsequent

Heather is planning to retire in 7 years. She will then need an income of $1674 at the beginning 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 6.44% compounded monthly. How much should she invest today?`

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