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Kenzie plans to retire in 7.25 years. He would like to receive $2700 every month for 12.25 years starting on the date of his retirement.

Kenzie plans to retire in 7.25 years. He would like to receive $2700 every month for 12.25 years starting on the date of his retirement. Find the amount the Kenzie needs to deposit in an account today, assuming that interest is 11.36% compounded annually

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