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What minimum amount of money earning 8.9% compounded semiannually will sustain withdrawals of $1,200 at the beginning of every month for 20 years? (Do not

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What minimum amount of money earning 8.9% compounded semiannually will sustain withdrawals of $1,200 at the beginning of every month for 20 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Minimum amount $

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