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Patricia would like to accumulate $295,000 for his retirement in 14 years. If he is promised a rate of 4.62% compounded quarterly by his local

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Patricia would like to accumulate $295,000 for his retirement in 14 years. If he is promised a rate of 4.62% compounded quarterly by his local bank, how much should he invest today? $0.00 Round to the nearest cent

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