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You want to have $16,000 in 5 years. You invest your money today and earn 11.5% per annum compounding monthly for the first 2 years

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You want to have $16,000 in 5 years. You invest your money today and earn 11.5% per annum compounding monthly for the first 2 years and 6.1% per annum compounding quarterly thereafter. If there have been no withdrawals, how much do you need to invest today? (answer to two decimal places; no comma separators)

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