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How much more money should be invested now in order to receive $1,300.00 at the beginning of each month for 15 months instead of $270.00
How much more money should be invested now in order to receive $1,300.00 at the beginning of each month for 15 months instead of $270.00 at the beginning of each month for 30 months? Assume an interest rate of 6.00% compounded annually.
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