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Joshua invested her savings in a bank at 2.75% compounded quarterly, and she wants to receive $4,500 at the beginning of every 6 months from

Joshua invested her savings in a bank at 2.75% compounded quarterly, and she wants to receive $4,500 at the beginning of every 6 months from the investment for 5y ears. If the first withdrawal is to be made in 10 years: a. Calculate the present value of the annuity. E Round to the nearest cent b. How much money did she invest? Round to the nearest cent

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