Question: LarApCalc10 4.2.040.MI. Present Value How much (in dollars) should be deposited in an account paying 7.1% interest compounded monthly in order to have a balance

LarApCalc10 4.2.040.MI. Present Value How much (in dollars) should be deposited in an account paying 7.1% interest compounded monthly in order to have a balance of $24,000 after 9 years? (Round your answer to two decimal places.)

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