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Tanja wants to establish an account that will supplement her retirement income beginning 20 years from now. Find the lump sum she must deposit today

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Tanja wants to establish an account that will supplement her retirement income beginning 20 years from now. Find the lump sum she must deposit today so tb $400,000 will be available at time of retirement, if the interest rate is 1% compounded quarterly. How much must Tanja invest? P= (Round to the nearest cent as needed.)

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