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Suppose an investment will pay $23,000 in 19 years from now. If you can earn 7.55% interest compounded monthly by depositing your money in a

Suppose an investment will pay $23,000 in 19 years from now. If you can earn 7.55% interest compounded monthly by depositing your money in a bank, how much should you pay for the investment today? Round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72. $5,504.07 $6,714.97 $6,659.93 $5,889.36 $4,623.42

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