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Solve clearly. Show your work..need step by step detailed solution.. copied answers will get downvote. Economics If you have 34500 to invest now, and will

Solve clearly.

Show your work..need step by step detailed solution.. copied answers will get downvote.

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Economics If you have 34500 to invest now, and will need a total of $25,000 -- 10 years from now, determine how much you will have to invest monthly if interest accumulates at 5% per year and is compounded monthly. Round your answer to 2 places after the decimal

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