Determine the amount of money, to the nearest dollar, you must invest at 5.8% per year, compounded semiannually, so that you will be a millionaire in 23 years time. Round your answer to the nearest dollar.

$ __________

Question

Determine the amount of money, to the nearest dollar, you must invest at 5.8% per year, compounded semiannually, so that you will be a millionaire in 23 years time. Round your answer to the nearest dollar.
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$ __________

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The Answer of Determine the amount of money, to the nearest dollar, you must invest at 5.8% per year, compounded semiannually, so that you will be a millionaire in 23 years time. Round your answer to the nearest dollar.
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$ __________

Determine the Amount of Money, to the Nearest Dollar, You