Jackie Rich would like to buy a $ 42,000. Toyota hybrid car in 5 years. Jackie want
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Question:
Jackie Rich would like to buy a $ 42,000. Toyota hybrid car in 5 years. Jackie want to put the money aside now. Jackie's bank offers 8% interest compounded semiannually.
How much must Jackie invest today? (Do not round intermediate calculation. Round your answer to the nearest cent)
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