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You are seeking to accumulate $50,000 in six years to invest in a real estate venture. You can earn 6.35 percent annual interest with monthly

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You are seeking to accumulate $50,000 in six years to invest in a real estate venture. You can earn 6.35 percent annual interest with monthly compounding in a private investment. How much will you have to invest today to reach your goal? (Round to the nearest dollar) 25,550.01 28,346.71 30,987.51 33,298.46 34,193.23

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