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You plan to spend a semester abroad in France. You will live in France for 7 months starting 12 months from now. Each month in

You plan to spend a semester abroad in France. You will live in France for 7 months starting 12 months from now. Each month in France will cost you $6,844 How much must you invest each month, for 4 months, starting next month to exactly pay for your trip if your investments earn 3.87% APR (compounded monthly)?

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