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If you want to have $18,950 in 7 years and 6 months, how much should you deposit today in an investment fund that is earning

If you want to have $18,950 in 7 years and 6 months, how much should you deposit today in an investment fund that is earning interest at a rate of 2.6% compounded monthly? Show all calculator entries in the spaces provided and then write your final answer at the bottom.

N =

I/Y =

PV =

PMT =

FV =

P/Y =

C/Y =

You should invest $ today.

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