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You have an account at ABC Bank that pays .53% per month interest in a savings account. You need $86,000 in 11 years. How much

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You have an account at ABC Bank that pays .53\% per month interest in a savings account. You need $86,000 in 11 years. How much do you have to invest now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.)

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