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You plan to open an Old Chicago Pizza and Taproom in Wilmington in 8years.There is a $40,000franchise fee.How much money should be invested today at

You plan to open an Old Chicago Pizza and Taproom in Wilmington in 8years.There is a $40,000franchise fee.How much money should be invested today at 15%APR compounded quarterly to provide thisamount in 8 years? Round your answer UP to the nearest dollar.

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