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How much money should I deposit today in an account that earns 5.1% interest compounded monthly if I want to have $5,000 in 8 years?

How much money should I deposit today in an account that earns 5.1% interest compounded monthly if I want to have $5,000 in 8 years? The formula for compound interest is A=P(1+r/n)nt Round to the nearest dollar, but DO NOT include a dollar sign in your

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