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To save approximately $31,000 for a down payment on a condo in 3 years from today, what amount needs to be invested at the

  

To save approximately $31,000 for a down payment on a condo in 3 years from today, what amount needs to be invested at the at the beginning of each month in a fund that earns 3.9% compounded semi-annually? Round your answer to 2 decimal places. Your Answer: 1 Answer

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