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Mr. Dawson wants to receive payments of $1,230.00 at the beginning of every month for 19 years starting on the date of his retirement. How
Mr. Dawson wants to receive payments of $1,230.00 at the beginning of every month for 19 years starting on the date of his retirement. How much must he have at the beginning of his retirement account if interest on the account is 6.84% compounded monthly?
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