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Ten years ago, A invested $3,464 and locked in an 8.75 percent annual interest rate for 39 years. B can make an investment today and
Ten years ago, A invested $3,464 and locked in an 8.75 percent annual interest rate for 39 years. B can make an investment today and lock in a 10.80 percent interest rate. How much money should he invest now to have the same amount of money when A 's investment matures?
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