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Show Pro (1 point) A trust fund is being set up so that a baby born today will collect $30000 when she turns 21 years

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Show Pro (1 point) A trust fund is being set up so that a baby born today will collect $30000 when she turns 21 years old. How much should be invested to reach this amount in 21 years if the nominal rate of interest is 7.77 percent compounded monthly

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