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Lionel invested the profit of his business in an investment fund that was earning 3.25% compounded monthly. In 4 years, he began withdrawing $3,000 from
Lionel invested the profit of his business in an investment fund that was earning 3.25% compounded monthly. In 4 years, he began withdrawing $3,000 from this fund at the end of every 6 months. If the money in the fund lasted for the next 6 years, how much money did he initially invest in the fund?
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