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How much money must be placed in an investment account (safe rate of 4% annually) at the beginning of each year to yield $8,645,713 after
How much money must be placed in an investment account (safe rate of 4% annually) at the beginning of each year to yield $8,645,713 after 15 years?
[Enter answer in the following format $XXX,XXX.XX with appropriate rounding]
Thanks :)
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