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What minimum amount of money earning 7 . 1 5 % compounded semiannually will sustain withdrawals of $ 1 , 3 0 0 at the

What minimum amount of money earning 7.15% compounded semiannually will sustain withdrawals of $1,300 at the beginning of every month for 12 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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