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Thank you for your help. Jim Roznowski wants to invest some money now to buy a new tractor in the future. If he wants to

image text in transcribedThank you for your help.

Jim Roznowski wants to invest some money now to buy a new tractor in the future. If he wants to have $325,000 available in 7 years, how much does he need to invest now in a CD paying 5.65% interest compounded monthly? Jim needs to invest $ now. (Round to the nearest cent as needed.)

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