Question: To help with a down payment on a home, Tom is going to invest. Assuming an interest rate of 1.74% compounded quarterly, how much would

To help with a down payment on a home, Tom is going to invest. Assuming an interest rate of 1.74% compounded quarterly, how much would he have to invest to have 23.400 after 9 years? Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas X 5

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