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Sarah finished her degree in data science and got an entry - level job at Initech making $ 8 , 0 0 0 per month.

Sarah finished her degree in data science and got an entry

-

level job at Initech making $

8, 000

per month. She has a

4 -

year contract to start. How much does the company need to deposit now at

12 %

compounded monthly to pay her salary?

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