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Question 3 of 8 How much should Alexandra's dad invest in a savings account today, to be able to pay for Alexandra's rent for the

Question 3 of 8 How much should Alexandra's dad invest in a savings account today, to be able to pay for Alexandra's rent for the next six years, if the rent is $400, payable at the beginning of each month? The savings account earns 3.98% compounded monthly. Round to the nearest cent

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