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Sam finally started saving for retirement. He only has 2 9 years left before he wants to leave the workforce with a balance of $

Sam finally started saving for retirement. He only has 29 years left before he wants to leave the workforce with a balance of $4,000,000. If he can earn 5.5% on his investments, how much does he need to invest today, assuming that he will NOT add any more funds to his account?
Round your answer to the nearest cent ($x.xx) and show your work.

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