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Suppose a hedge fund earns 1% per month every month. If you need $1 million dollars in 5 years, and you are going to invest

Suppose a hedge fund earns 1% per month every month.

If you need $1 million dollars in 5 years, and you are going to invest the same amount every month for 24 months, starting immediately, how much do you have to invest?

**Please show work using BA II+ financial calculator**

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