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Your child is planning attend summer camp for three months, starting 1 1 months from now. The cost for camp is $ 1 , 1
Your child is planning attend summer camp for three months, starting months from now. The cost for camp is $ per month, each month, for the three months she will attend.
If your investments earn APR compounded monthly how much must you invest today such that your investment will grow to just cover the cost of the camp?
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