Emily would like to accumulate $205,000 for his retirement in 11 years. If he is promised a rate of 3.12% compounded monthly by his local bank, how much should he invest today?

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A: 81100

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A:

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A: Given:  and To Find:

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A:

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A:

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Q: 16 45°

A: We have solve it by using Pythagoras theorem

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A:

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A: The given functions are:

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