Question 6 of 7 Anika set up a fund that would pay his family $5,000 at the beginning of every month, in perpetuity. Wha
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Question 6 of 7 Anika set up a fund that would pay his family $5,000 at the beginning of every month, in perpetuity. Wha
Question 6 of 7 Anika set up a fund that would pay his family $5,000 at the beginning of every month, in perpetuity. What was the size of the investment in the fund if it was earning 3.00% compounded semi-annually? Round to the nearest cent