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Tim inherited some money 4 years ago. Tim's brother Bob also inherited some money, too. However, Bob thinks that he was shortchanged. Tim doesn't remember
Tim inherited some money 4 years ago. Tim's brother Bob also inherited some money, too. However, Bob thinks that he was shortchanged. Tim doesn't remember how much he inherited but he did invest the inheritance right when he received it in an account that earns 7.4% compounded monthly. If the value of Tim's account today is $32000, how much did he inherit 4 years ago.
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