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How much would a business have to invest in a fund to receive $20,000 at the end of every month for 7 years? The fund

image text in transcribed How much would a business have to invest in a fund to receive $20,000 at the end of every month for 7 years? The fund has an interest rate of 4.50% compounded monthly and the first withdrawal is to be made in 3 years and 1 month. Round to the nearest cent

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