Chen Aisen is eeking to accumulate $50,000 in 8 years to invest in areal estate...
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Chen Aisen is eeking to accumulate $50,000 in 8 years to invest in areal estate venture. He can earn 5.35 percent annual interest with monthly compounding in private investment. How much will he have to invest today to reach his goal? (Round to the nearest dollar)
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