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What lump sum must be invested at 7 compounded monthly for the investment to grow to 74 000 in 14 years The lump sum invested

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What lump sum must be invested at 7 compounded monthly for the investment to grow to 74 000 in 14 years The lump sum invested at 7 compounded monthly grows to 74 000 in 14 years Do not round until the final answer Then round to the nearest cent as needed

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