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Sylvia wants to go on a cruise in 3 years. She could earn 5.5 percent compounded monthly in a bank account if she were to

Sylvia wants to go on a cruise in 3 years. She could earn 5.5 percent compounded monthly in a bank account if she were to deposit the money today. She needs to have 14,000 dollars in 3 years. How much will she have to deposit today? (Round to the nearest dollar).

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