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How much should Abigail's dad invest in a savings account today, to be able to pay for Abigail's rent for the next three years, if

How much should Abigail's dad invest in a savings account today, to be able to pay for Abigail's rent for the next three years, if the rent is $

800,

payable at the beginning of each month? The savings account earns

3.86 %

compounded monthly.

Round to the nearest cent

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