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How much should Katie's dad invest in a savings account today, to be able to pay for Katie's rent for the next two years, if

How much should Katie's dad invest in a savings account today, to be able to pay for Katie's rent for the next two years, if the rent is $500, payable at the beginning of each month? The savings account earns 3.26% compounded monthly. $0.00 Round to the nearest cent

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