Question: Brief Exercise 6-14 Your answer is incorrect. Try again. Maria Monroe wants to create a fund today that will enable her to withdraw $31,300 per

 Brief Exercise 6-14 Your answer is incorrect. Try again. Maria Monroe

Brief Exercise 6-14 Your answer is incorrect. Try again. Maria Monroe wants to create a fund today that will enable her to withdraw $31,300 per year for 7 years, with the first withdrawal to take place 5 years from today. Click here to view If the fund earns 11% interest, how much must Maria invest today? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) factor tables Investment amount 8,855

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