Question: Solve the following problem using either Table 11-1 or Table 11-2 from your text. When necessary, create new table factors. (Round new table factors to

Solve the following problem using either Table 11-1 or Table 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent)

Jen wants to have $21,500 in 10 years. Calculate how much she should invest now at 6% interest, compounded quarterly in order to reach this goal.

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