28) How much money would you need to invest now, at 5.5% compounded monthly, to have $500,000 in 20 years? Compare this
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28) How much money would you need to invest now, at 5.5% compounded monthly, to have $500,000 in 20 years? Compare this
28) How much money would you need to invest now, at 5.5% compounded monthly, to have $500,000 in 20 years? Compare this with compounding continuously.
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