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Jacob Dublin wants to create a fund today that will enable him to withdraw $25,700...

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Accounting

Jacob Dublin wants to create a fund today that will enable him to withdraw $25,700 per year for 8 years, with the first withdrawal to take place 4 years from today. If the fund earns 10% interest, how much must Jacob Dublin invest today? (Round factor values to 5 decimal places)

Investment amount $

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