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You invest in an account that has an APR of 6.6% compounded monthly. You would like your investment to grow to $8,000 in 14 years.
You invest in an account that has an APR of 6.6% compounded monthly. You would like your investment to grow to $8,000 in 14 years. How much would you have to invest in order for this to happen? Round to the nearest dollar.
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