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QUESTION 4 Homer and Marge have just received an inheritance and would like to invest a lump sum today to use for their daughter's

QUESTION 4 Homer and Marge have just received an inheritance and would like to invest a lump sum today to use for their daughter's education in the future. Their goal is to have $27331 in 15 years. How much should they invest now, at a rate of 5.40% compounded monthly, to reach their goal?

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