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Rachel invested her savings in a bank at 3.00% compounded quarterly. How much money did she invest to enable withdrawals of $4,000 at the beginning

Rachel invested her savings in a bank at 3.00% compounded quarterly. How much money did she invest to enable withdrawals of $4,000 at the beginning of every 6 months from the investment for 8 years, if the first withdrawal is to be made in 11 years?

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