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How much money should Jared invest today in a fund that earns interest at 4.80% compounded quarterly, if he wants to receive $4,750 at the

How much money should Jared invest today in a fund that earns interest at 4.80% compounded quarterly, if he wants to receive $4,750 at the end of every 6 months for the next 3 years? Round to the nearest cent

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