Question: In 6 months, Alex will need $ 1 , 7 7 0 . 0 0 to pay his college tuition. How much does he need

In 6 months, Alex will need $1,770.00 to pay his college tuition. How much does he need to invest today into an account earning an an interest rate of 6.037% compounded monthly, so that he has enough money to pay his tuition?

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