Shane invested the profit of his business in an investment fund that was earning 3.50% compounded monthly. He began withdrawing $2,000 from this fund every 6 months, with the first withdrawal in 4 years. If the money in the fund lasted for the next 5 years, how much money did he initially invest in the fund? A -$61,533.98 LA $ Round to the nearest cent 88 & 7 F7 U DL J * 8 F8 K X F9 9 prt sc L F10 :) e DELL home P F11 SAVE PROGRESS 80 end { F12 W + 11 P insert } delete backspace enter SUB nu lo

Shane invested the profit of his business in an investment fund that was earning \3.50 compounded monthly. He began withdrawing \\( \\$ 2,000 \\) from this fund every 6 months, with the first withdrawal in 4 years. If the money in the fund lasted for the next 5 years, how much money did he initially invest in the fund? Round to the nearest cent