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What should be the balance in a Registered Retirement Income Fund ( RRIF ) that will provide $ 2 , 5 0 0 at the

What should be the balance in a Registered Retirement Income Fund (RRIF) that will provide $2,500 at the beginning of each half-year for 6 years, if the RRIF earns 4.75% compounded monthly?
Round to the nearest cent
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