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Your client wants $1,236,229 by the time she retires at 65, which is 46 years from today. Assuming that she can invest the funds are

Your client wants $1,236,229 by the time she retires at 65, which is 46 years from today. Assuming that she can invest the funds are a rate of 4 percent, compounded quarterly, what amount must be invested today?

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