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How much must be deposited today into the following account in order to have $60,000 in 6 years for a down payment on ahouse? Assume

How much must be deposited today into the following account in order to have $60,000 in 6 years for a down payment on ahouse? Assume no additional deposits are made.

An account with quarterly compounding and an APR of 5.8%

$....

should be deposited today.

(Do not round until the final answer. Then round to the nearest cent asneeded.)

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