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Question 10 of 11 Lionel wants to set up a fund for his son's education such that he could withdraw $2,367.00 at the beginning of

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Question 10 of 11 Lionel wants to set up a fund for his son's education such that he could withdraw $2,367.00 at the beginning of every 3 months for the next 4 years. If the fund can earn 3.20% compounded semi-annually, what amount could he deposit today to provide the payment? Round your answer to the nearest cent 1

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