Question: please show formula and complete solutions. round off answer to the nearest cent. Question 6 of 7 How much would a business have to invest

please show formula and complete solutions. round off answer to the nearest cent.

Question 6 of 7 How much would a business have to invest in a fund to receive $11,000 at the end of every month for 6 years? The fund has an interest rate of 5.25% compounded monthly and the first withdrawal is to be made in 4 years and 1 month. $0.00 Round to the nearest cent

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