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Question 19 of 45 0/2.22 E View Policies Show Attempt History Current Attempt in Progress Jennifer wants to buy a mountain cabin for her retirement

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Question 19 of 45 0/2.22 E View Policies Show Attempt History Current Attempt in Progress Jennifer wants to buy a mountain cabin for her retirement Jennifer recently came into an inheritance of $490,000. She estimates that the cabin she wants will cost $520.000 when she retires in 5 years. Click here to view the factor tables How much of her inheritance must she invest at an annual rate of 6% (compounded annually) to buy her cabin? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to decimal places, eg: 458,581.) Investment amount $ eTextbook and Media Surve for Late Attempts: unlimited Submit

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