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round of to the nearest cent Thomas invested his savings in a bank at 3.01 compounded monthly. How much money did he invest to enable

round of to the nearest cent

Thomas invested his savings in a bank at 3.01 compounded monthly. How much money did he invest to enable withdrawals of $4,500 at the beginning of every 6 months from the investment for 5 years, if the first withdrawal is to be made in 8 years

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