Question: Current Attempt in Progress Cindy Monroe wants to create a fund today that will enable her to withdraw $ 3 0 , 6 0 0

Current Attempt in Progress
Cindy Monroe wants to create a fund today that will enable her to withdraw $30,600 per year for 8 years, with the first withdrawal to take place 5 years from today.
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If the fund earns 11% interest, how much must Cindy invest today? (Round factor values to 5 decimal places, e.g.1.25124 and final answer to 0 decimal places, e.g.458,581.)
Investment amount
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 Current Attempt in Progress Cindy Monroe wants to create a fund

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