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Joel invested his savings in a bank at 3.00% compounded monthly. How much money did he invest to enable withdrawals of $3,000 at the beginning

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Joel invested his savings in a bank at 3.00% compounded monthly. How much money did he invest to enable withdrawals of $3,000 at the beginning of every 6 months from the investment for 5 years, if the first withdrawal is to be made in 8 years? Round to the nearest cent

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